TOKYO stocks closed 1.21 per cent higher on Wednesday after strong gains on European and US markets and Moody's decision not to downgrade Spain's credit rating.
The benchmark Nikkei 225 index at the Tokyo Stock Exchange closed up 105.24 points at 8,806.55, while the broader Topix index of all first-section shares rose 1.01 per cent, or 7.39 points, to 739.79.
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