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Nikkei ends at fresh 7-month high on yen's fall, Cabinet reshuffle

September 2, 2014

Tokyo stocks continued to gain Wednesday, with the Nikkei index hitting a fresh seven-month high, as the yen's weakness against the dollar and Japan's Cabinet reshuffle lifted market sentiment.

The 225-issue Nikkei Stock Average ended up 59.75 points, or 0.38 percent, from Tuesday at 15,728.35, its best finish since Jan. 22. The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 4.52 points, or 0.35 percent, higher at 1,301.52.

Gainers were led by marine transport, consumer finance and bank issues.

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Source: Japan Economic Newswire

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