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Tokyo: Japan stocks up but ruling party's election defeat weighs

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[TOKYO] Tokyo stocks edged up Monday but a pick-up in business confidence was offset by caution after Prime Minister Shinzo Abe's ruling party suffered a huge defeat in Tokyo elections.

Tokyo's benchmark Nikkei 225 gained 0.11 per cent, or 22.37 points, to close at 20,055.80, while the Topix index of all first-section issues gained 0.16 per cent, or 2.51 points, to 1,614.41.