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Tokyo: Stocks close up 0.75%


[TOKYO] Tokyo stocks rose 0.75 per cent to seven-year highs Monday as the dollar picked up against the yen in response to oil-producing cartel OPEC's decision not to cut output.

The Nikkei 225 index at the Tokyo Stock Exchange added 130.25 points to 17,590.10, while the Topix index of all first-section shares rose 0.80 per cent, or 11.31 points, to 1,421.65.