Tokyo stocks surge

Tokyo, Dec 16 (IANS) Tokyo stocks surged on Wednesday as investors piled into a range of issues to recoup recent losses following a rise in oil prices, sending overseas bourses higher overnight and lifting investor sentiment here.

The 225-issue Nikkei Stock Average gained 484.01 points, or 2.61 percent, from Tuesday to end the day at 19,049.91, Xinhua reported.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange added 38.17 points, or 2.54 percent, to finish at 1,540.72.

All industries on the main section closed higher except air transportation-linked shares, with notable advancers being led by securities, transport equipment and banking-related issues.

The day’s turnover was 2,529.4 billion yen (20.75 billion US dollars).

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