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Nikkei rises to seven month closing high helped by weak yen
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A visitor looks at market indices displayed at the Tokyo Stock Exchange in Tokyo September 26, 2012.
Credit: Reuters/Yuriko Nakao
TOKYO |
TOKYO (Reuters) - The Nikkei average climbed to a seven-month closing high above the 9,500 mark on Thursday, encouraged by a yen kept weaker though persistent speculation the central bank would adopt bolder action to pull Japan out of deflation under a likely new government.
The Nikkei .N225 rose 0.8 percent to 9,545.16, the highest closing level since April 26. The broader Topix .TOPX advanced 0.9 percent to 788.74.
(Reporting by Ayai Tomisawa; Editing by Edwina Gibbs and Eric Meijer)
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