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Tokyo: Stocks rise as Japan's economy expands in first quarter

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[TOKYO] Tokyo stocks opened higher Wednesday as preliminary government data showed Japan's economy expanded slightly more than expected in the first quarter, sidestepping a feared recession.

The benchmark Nikkei 225 index at the Tokyo Stock Exchange rose 0.15 per cent, or 24.92 points, to 16,677.72 after the opening bell, while the broader Topix index of all first-section shares was up 0.22 per cent, or 2.89 points, at 1,338.74.

AFP