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Nikkei gains as Abe's big election win boosts economic recovery hopes
July 22, 2013 / 6:12 AM / 4 years ago

Nikkei gains as Abe's big election win boosts economic recovery hopes

TOKYO, July 22 (Reuters) - Japan's Nikkei share average
rebounded on Monday after Prime Minister Shinzo Abe's ruling
Liberal Democratic Party won decisively in Sunday's upper house
election, opening the door for Abe to pursue tough reforms
required for a sustained economic recovery.
    The benchmark Nikkei rose 0.5 percent to 14,658.04,
after falling as low as 14,514.29 during the session due to
profit-taking amid a lack of clear market-moving factors. The
broader Topix added 0.4 percent to 1,216.53.

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