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Nikkei soars to 11-month intraday high on DPJ's historic win in election

  • Source: Xinhua
  • [09:33 August 31 2009]
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Japan's stock index rose to an 11-month intraday high after the previous night's historic election victory by the opposition Democratic Party of Japan (DPJ).

In the first 15 minutes of trading, the benchmark Nikkei-225 index gained 196.78 points, or 1.87 percent, from Friday to 10,730.92, rising to its highest intraday level since Oct. 6.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange was up 15.97 points, or 1.65 percent, to 985.28. The Second Section also advanced.