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Nikkei surges on Fed action

Friday, September 14 07:15:57

Japan's Nikkei average climbed 1.8 percent today to its highest level in three weeks, gaining a foothold above 9,000 after bold plans for stimulus from the U.S. Federal Reserve boosted risk appetite and hoisted cyclical stocks.

The Nikkei gained 164 points to 9,159.39 while the broader Topix advanced 1.7 percent to 756.88 in the heaviest volume for six months. ( C) Reuters

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