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Around the World's Markets: Tokyo

Monday 09 August 1999 19:02 EDT
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JAPANESE shares rose as the dollar's moderate recovery against the yen prompted market players to pick up shares beaten down in the previous three sessions.

The Nikkei 225 index of leading shares, which had lost a total of 885 points in the previous three business days, ended up 106.21 points, 0.62 per cent, at 17,190.45. It fell to as low as 17,046.12 on Friday, its lowest since 15 June 15.

"The three-day losing streak and a lower yen nudged people into buying," said a strategist.

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