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Japanese stocks up at noon
Fri, Jan 25, 2008
AFP

TOKYO, JAPAN - Japanese share prices were up 2.80 percent by the end of Friday's morning session, extending gains as dealers welcomed efforts by US political leaders to ward off recession.

The White House and leaders in the House of Representatives, led by the rival Democratic party, reached a quick deal on a 150 billion-dollar stimulus plan aimed at shoring up an economy wracked by housing sector turmoil.

The Tokyo Stock Exchange?s benchmark Nikkei-225 index was up 367.05 points at 13,459.83 at the end of the morning session.

The broader Topix index of all-first section shares rose 43.12 points or 3.36 percent to 1,327.57, regaining the symbolic 1,300-point level

 

 
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