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  • Tokyo stocks closed marginally higher Thursday following rallies on the tech-heavy Nasdaq on Wall Street, but traders remained cautious over growing coronavirus infections around the world. The benchmark Nikkei 225 index inched up 0.11 percent, or 24.23 points, to 22,145.96, while the broader Topix index was up 0.27 percent, or 4.15 points, to 1,542.76. Tokyo shares opened higher after the Nasdaq surged to a fresh record close Wednesday, despite the Dow retreating as the US contends with a resurgent coronavirus. But the early gains were largely trimmed "as sentiment was dampened by growing infection cases in many countries, including Japan," said Shinichi Yamamoto, a broker at Okasan Securities in Tokyo. The number of new coronavirus infections topped 100 in Tokyo on Thursday for the first time since early May when the country was under a state of emergency, local media reported. "Trading is expected to remain cautious for now," Yamamoto told AFP. Brokers also said many players remained on the sidelines, awaiting US jobs data due later Thursday. The dollar changed hands at 107.49 yen in Asian afternoon trade against 107.43 yen in New York late Wednesday. Energy shares were mixed following reports Japan plans to shut some 100 coal-fired power units over 10 years as it looks to cut carbon emissions and shift toward renewable energy. Nippon Coke and Engineering plunged 7.46 percent to 62 yen, but Tokyo Electric Power gained 1.24 percent to 326 yen. Toyota was up 1.81 percent at 6,777 yen despite reports US electric car maker Tesla had raced past the Japanese carmaker to become the world's most valuable car company by total market value. Central Japan Railway gained 0.73 percent to 16,430 yen after it launched the nation's latest shinkansen bullet train model offering improved performance and upgraded cabin features. si/ric/rma
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  • Tokyo stocks edge up in cautious trading
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