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Around the World's Markets: Tokyo

Wednesday 16 December 1998 19:02 EST
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JAPANESE stocks rose for the first session in five days as electronics and other computer-related companies climbed on the back of Wall Street's rally. The benchmark Nikkei 225 index ended up 85.11 points, or 0.7 per cent at 14,096.3.

Sony led the way with a 2.2 per cent gain, while Hitachi soared 5 per cent. Bank stocks fell for a third successive day as investors continue to worry about the fate of their investments in the failed Nippon Credit Bank, which the government forcibly nationalised at the weekend.

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