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Nikkei hits 3-month high on U.S. hopes, yen retreat

Sun Apr 5, 2009 10:09pm EDT

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TOKYO, April 6 (Reuters) - Japan's Nikkei stock average hit a three-month high on the yen's retreat on the dollar, which boosted shares of exporters such as Sony Corp (6758.T), and growing hopes for the U.S. economy. North Korea's launch of a long-range rocket had no impact on trade, with market analysts saying it was now old news.

Stocks  |  Global Markets  |  Japan  |  North Korea

As of the midday break, the benchmark Nikkei .N225 was up 200.10 points to 8,949.94 after earlier rising as far as 8,992.06, its highest intraday level since Jan. 7. The broader Topix climbed 1.5 percent to 843.85. (Reporting by Elaine Lies)



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