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Tokyo stocks sharply higher in morning on 'Intel effect'.

Publication: Japan Weekly Monitor
Publication Date: 11-JUN-01
Format: Online
Delivery: Immediate Online Access

Article Excerpt
TOKYO, June 8 Kyodo

Tokyo stocks built on early gains to end morning trading sharply higher Friday, as investors were relieved by smooth settlements of futures contracts and an earnings forecast by Intel Corp. that contained no negative surprises.

The 225-issue Nikkei Stock Average, which rose 102.67 points Thursday, climbed a further 161.32 points, or 1.21%, to end the morning...

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