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P.M. BRIEFING : Tokyo Stocks Soar to Record Close

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From Times wire services

Tokyo stock prices soared to a record close for the first time in eight weeks today as market jitters were exorcised by Sunday’s election loss for the ruling party and Prime Minister Sosuke Uno’s decision to resign.

The key 225-share Nikkei index soared 445.57 points or 1.31% to a record close of 34,538.90. The index had risen 193.90 points Monday, after Uno’s statement.

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