Tokyo stocks close 1.22% higher

Tokyo stocks closed up 1.22 percent Wednesday thanks to a weakening yen and after Wall Street rebounded from a sharp sell-off in the previous session.

The Nikkei 225 index at the Tokyo Stock Exchange ended 161.45 points higher at 13,382.89, while the Topix index of all first-section issues added 1.50 percent, or 16.81 points, to 1,136.01.

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