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Breaking: Beyond Headlines!

    • Nikkei closes up 1.1%; Focus on the American presidential polls
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    Nikkei closes up 1.1%; Focus on the American presidential polls

    Umito Posted on

    Japanese stocks closed higher, led by shares in the electronics and financial sectors. Investors’ attention is focused on the US elections.

    The Nikkei Stock Average rose 1.1%, ending at 38,474.90. Among the winners in the electronics segment, Sony climbed 2.02%, NEC rose 3.04% and Canon gained 1.6%. In the banking sector, Mizuho Financial increased by 1.1%, while Mitsubishi UFJ Financial added 0.2%.

    The USD/JPY exchange rate settled at 152.01, compared to 152.49 at the close of the Tokyo Stock Exchange on Friday. Japanese markets were closed Monday due to a public holiday.

    Umito
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