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Latest Business News

Japan Stocks Gain; Dollar Up vs. Yen

Thursday, August 24, 2006 11:01:21 PM

TOKYO (AP) - Japanese stocks rose Friday morning as traders welcomed news that Japan's consumer prices rose in July, building further evidence that the economy is emerging from years of deflation.

The Nikkei 225 index added 146.82 points, or 0.92 percent, to 16,107.44 points on the Tokyo Stock Exchange at the end of the morning session. The index lost 202.41 points, or 1.25 percent, on Thursday.

Japan's broader Topix index, which includes all shares on the exchange's first section, rose 12 points, or 0.74 percent, to 1,635.03 points. The Topix lost 17.25 points, or 1.05 percent.


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