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Yen's stability helps boost buying of export issues in Tokyo

Business Materials 24 March 2008 06:55 (UTC +04:00)

The yen's stability led to rises in export-oriented issues at the Tokyo stock market Monday. ( dpa )

The Nikkei 225 Stock Average advanced 46.33 points, or 0.37 per cent, to 12,528.9.

The broader Topix index of all first-section issues was also up 8.42 points, or 0.69 per cent, at 1,228.46.

On currency markets at 9 am (0000 GMT), the dollar traded at 99.60-64 yen, down from Friday's 5 pm quote of 99.66-69 yen.

The euro was quoted at 1.5410-15 dollars, down from Friday's 5 pm quote of 1.5457-59 dollars, and at 153.38-43 yen, down from 154.07-11 yen.

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