Tokyo stocks advance in morning as oversold shares snapped up

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TOKYO, March 25 (Xinhua) — Tokyo stocks advanced Thursday morning as investors snapped up issues oversold following the benchmark Nikkei stock index’s four-day losing streak and slump to a seven-week low a day earlier.

The 225-issue Nikkei Stock Average gained 303.75 points, or 1.07 percent, from Wednesday to 28,709.27.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, added 25.57 points, or 1.33 percent, at 1,954.15.

Mining, nonferrous metal, and iron and steel-linked issues comprised those that advanced the most by the morning break. Enditem

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