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Tokyo shares open higher

Toky - Tokyo shares opened higher on Tuesday, with investors bargain hunting after recent losses sparked by wide-ranging concerns including the US-China trade war.

While Wall Street issues slipped overnight, the slowing speed of the fall and relative calm on the forex market comforted investors, Okasan Online Securities said in a note.

Market participants were also eager to buy shares after sharp losses in recent days, it added.

The Nikkei 225 index rose 0.21% or 47.39 points to 22 318.69 in early trade, while the broader Topix index edged up 0.09% or 1.56 points at 1 677.00.

The Tokyo market had been expected to open softer, under pressure from losses in the US, Okasan said.

"A technical rebound is likely to follow after a sharp fall yesterday," the brokerage said, referring to the Nikkei's 1.87% drop.

"The market is in rebound mode. With the forex market staying calm, selective buying came in to pick up bargains," it added.

The dollar stood at ¥111.84, slightly up from ¥111.79 in New York on Monday afternoon.

Among major shares, SoftBank added 2.96% to ¥9 525. Toyota rose 0.70% ¥6 495.

Sony edged up 0.06% to ¥6 222.

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