Tokyo: Shares close up 0.42% at fresh seven-year high

[TOKYO] Tokyo stocks rose 0.42 per cent Tuesday to close at a fresh seven-year high, casting off early losses as investors remained upbeat despite Moody's downgrading Japan's credit rating.

The Nikkei 225 index at the Tokyo Stock Exchange added 73.12 points to 17,663.22, while the Topix index of all first-section shares rose 0.44 per cent, or 6.20 points, to 1,427.85.


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