Tokyo Nikkei 225 up 3.64% at 38,062 points (Il Sole 24 Ore Radiocor) - Tokyo , 16 Aug - Japanese shares closed sharply higher, extending a recent rebound and leading the gains amid strong Asian markets.

The Nikkei closed up 3.64% at 38,062 points and rallied more than 7% for the week as investors hunted for bargains after Tokyo shares entered bear market last week.

Stronger-than-expected gross domestic product data for the second quarter released this week helped support sentiment.

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(RADIOCOR) 16-08-24 08:55:03 (0119) 5 NNNN