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Home International Markets

Tokyo stocks climb 0.81% by break, highest in 7 years, Nikkei adds 141.24pts

byCustoms Today Report
01/12/2014
in International Markets
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TOKYO: In response to oil-producing group OPEC’s verdict not to cut production, Tokyo stocks climbed 0.81% to seven-year highs on Monday morning as dollar up against the yen
The Nikkei 225 index at the Tokyo Stock Exchange added 141.24 points to 17,601.09 by the break, while the Topix index of all first-section shares rose 0.85 percent, or 12.02 points, to 1,422.36.
“A couple of days of profit-taking last week has allowed for some of the ‘overheatedness’ to dissipate from the market, making way for this week’s rise,” said Yutaka Miura, senior technical analyst at Mizuho Securities.

Tags: 7yearsby breakoil- producing groups OPECTokyo stocks high

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