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As on : 28-Oct-2024
Market Commentary - Foreign Markets
28-Oct-2024     16:44

Japanese markets gain on weaker yen

Japanese markets logged strong gains as a weaker yen lifted exporters like Honda Motor, Toyota, Sony and Nintendo up by 2-4 percent.

The Nikkei average jumped 1.82 percent to 38,605.53 as the ruling party defeat had been greatly factored in by markets. The broader Topix index closed 1.51 percent higher at 2,657.78.

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