Monday, 26 October 2009

Political stability at home

Tokyo - Japan's key Nikkei 225 Stock Average surged more than 3 per cent on hopes of economic recovery and political stability at home.

The Nikkei soared 3.12 per cent, or 319.13 points to 10,557.33 during morning trading.

The broader-based Topix index was also up 23.5 points, or 2.48 per cent, at 970.84.

On currency markets at 9 am (0000 GMT), the dollar traded at 94.57-62 yen, up from Friday's 5 pm quote of 93.90-93 yen.

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