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Tokyo stocks close higher, extending global gains
Imaduddin
25 May, 2016
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Copyright AFP (Agence France-Presse), 2016
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![](https://i.brecorder.com/images/2016/05/tokyo-stock-may.jpg">TOKYO: Tokyo stocks ended firmly higher Wednesday, extending a rally on Wall Street and in Europe, while Sony advanced more than six percent after investors shrugged off a weak profit forecast.</P><P>Sony said Tuesday that a pair of deadly quakes in Japan last month would dent its financial results, with the company warning that net profit would decline by nearly 46 percent this fiscal year from the previous year.</P><P>But on Wednesday investors focused on the electronic giant's long-term prospects in image sensors and entertainment over the lowered profit forecast, pushing its shares up 6.46 percent to 3,072 yen.</P><P>)
