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Nikkei index hits two-month high
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| Contributor | Jason |
| Last Edited | Jason Jan 04, 2009 11:18pm |
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| Category | News |
| Media | TV News - British Broadcasting Corporation BBC News |
| News Date | Monday, January 5, 2009 09:00:00 AM UTC0:0 |
| Description | Japan's stock market has ended its first session of 2009 up 2.1% and at its highest level for nearly two months, buoyed by new year hopes.
Honda Motor Co and other exporters climbed on a weaker yen while resource-linked firms such as trading houses surged as oil jumped more than 3%.
The market had its worst year on record in 2008, with the Nikkei share index losing 42% of its value.
Global financial woes and a soaring yen fuelled last year's losses. |
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