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Nikkei rises as developers and banks gain, hits highest since July 2008
April 11, 2013 / 12:15 AM / 4 years ago

Nikkei rises as developers and banks gain, hits highest since July 2008

TOKYO, April 11 (Reuters) - Japan's Nikkei share average
rose to its highest level since July 2008 on Thursday as the
central bank's unprecedented stimulus measures continued to
attract demand for reflationary stocks like property developers
and banks.
    The Nikkei rose 1.4 percent to 13,476.09 while the
broader Topix gained 1.8 percent to 1,141.35. The
benchmark index is hovering around July 2008 levels, and looks
set to break above the 13,500 mark in the session.

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