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Japanese stocks posted strong gains in early trading on a big drop in the yen. The Nikkei...

Japanese stocks posted strong gains in early trading on a big drop in the yen. The Nikkei Average jumped 1.6% higher to 10,825, while the Topix rose 1.4% to 901.45, topping the 900 level for the first time since the March 2011 earthquake and tsunami. With the dollar above ¥89 mark for the first time since 2010, exporters were among the top gainers: Honda (HMC +2.1%), Mazda (MZDAY.PK +4.6%), Panasonic (PC +2.3%), and Sharp (SHCAY.PK +10.2%).
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