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Nikkei rebounds for first time in eight days

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Capital Market
Last Updated : Apr 07 2016 | 10:01 PM IST
Japan share market ended marginally higher on Thursday, 07 April 2016, snapping seven sessions of falling streak, as bottom fishing spurred in heavily battered stocks on hopes that the Japanese government will intervene in the currency market to halt the yen's resilience. But gains were capped due to yen hardening to 107-level against greenback. Notable issues that lost ground comprised retail, transportation equipment and food-linked stocks. The 225-issue Nikkei Stock Average rebounded 34.48 points, or 0.22%, at 15749.84. The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 4.89 points, or 0.39%, higher at 1272.64.

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First Published: Apr 07 2016 | 9:40 PM IST

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