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Tokyo: Shares rise 0.99 per cent on slipping hopes for early Fed rate hike

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Tokyo stocks rose 0.99 per cent on Monday, as global markets get a boost from speculation that the US Federal Reserve will not rush to hike interest rates.

[TOKYO] Tokyo stocks rose 0.99 per cent on Monday, as global markets get a boost from speculation that the US Federal Reserve will not rush to hike interest rates.

The Nikkei 225 index at the Tokyo Stock Exchange, which closed at a fresh 15-year high on Friday, added 194.14 points to close at 19,754.36, while the Topix index of all first-section shares climbed 0.74 per cent, or 11.74 points, to 1,592.25.

AFP

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