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Tokyo stocks open up 0.84% on Monday

Published on Jun 9, 2014 9:28 AM
 

TOKYO (AFP) - Tokyo stocks opened 0.84 per cent higher on Monday, boosted by a weak yen and yet another record-setting advance on Wall Street after a solid US jobs report last week.

The Nikkei 225 index gained 127.07 points to 15,204.31 at the start, with investors largely discounting mixed economic data released just before the market opening.

Revised data from the Cabinet Office confirmed the world's third largest economy posted the strongest expansion in more than two years in the three months to March.

Japan's economy grew 1.6 per cent in the first quarter of 2013 as consumers stepped up shopping to before the April sales tax rise.

 
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