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Post by bot on Mar 13, 2012 19:49:50 GMT -5
Japanese shares soar in early tradingfrom MarketWatch.com - MarketPulse SYDNEY (MarketWatch) -- Japanese stocks surged in early trading on Wednesday, with the Nikkei Stock Average up 1.8% at 10,075.06. The gains followed a strong performance in the U.S. on Tuesday when the bank sector jumped after the Federal Reserve released the results of its bank stress tests. Financial-sector gains spread to Tokyo on Wednesday, with Nomura Holdings Inc. up 3% and Sumitomo Mitsui Trust Holdings Inc. [s:sutny] up 3.9%. Steelmakers jumped as well, with JFE Holdings Inc. surging 5.2%, while exporters were also strong, with Sony Corp. shares up 3.2%.
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