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Nikkei gains most in 3 weeks on China PMI, weaker yen; banks rally

Thu Aug 1, 2013 2:16am EDT

TOKYO, Aug 1 (Reuters) - Japan's Nikkei share average jumped
2.5 percent on Thursday, marking its biggest one-day gain in
three weeks, as investors zoomed in on better-than-expected
Chinese manufacturing data, while a weaker yen and positive
earnings helped buoy the market.
    The benchmark Nikkei added 337.45 points to
14,005.77, and the broader Topix climbed 2.8 percent to
1,163.39.
    Lenders led the gains, supported by strong April-June
earnings results, with the banking sector subindex 
rising 4.2 percent.
 
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Comments (1)
WildWilly wrote:
This is not a proper end-of-day market report. Here is an example of a proper market report:

http://www.reuters.com/article/2013/08/01/markets-japan-stocks-idUSL4N0G20AU20130801

Only problem is it covers only the first half of the trading day. You used to post a proper end-of-day market report for the Japanese market. But I don’t believe I’ve seen one since the end of June.

GET YOUR ACT TOGETHER!

Aug 01, 2013 3:46am EDT  --  Report as abuse