Tokyo stocks advanced Monday on SoftBank Group's sizable gain following its decision to sell British chip designer Arm Ltd. and optimism for economic reforms as Chief Cabinet Secretary Yoshihide Suga was set to be elected as the ruling party leader.
The 225-issue Nikkei Stock Average ended up 152.81 points, or 0.65 percent, from Friday at 23,559.30. The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 14.46 points, or 0.88 percent, higher at 1,651.10.
Gainers were led by pulp and paper, nonferrous metal and insurance issues.
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