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2013.06.2404:21:43UTC+00Japan stocks push forward from a declining Yen, Tokyo poll result

Japanese stocks begins the week with a strong start early Monday, getting a kick support from further weakness in the yen and the ruling party's victory in Tokyo metropolitan elections. The Nikkei Stock Average jumped 1.2% to 13,392.73 and the broader Topix acquired a 1.1% increase to 1,111.55. Shares of Japan Tobacco Inc. surged 3.2%, Renesas Electronics Corp. bolstered 3.7% and Isuzu Motors Ltd. improved by 1.5% as the U.S. dollar returned back above 98 yen. Shares of Softbank Corp. soared 3.8% after rival Dish Network Corp. exited the race to acquire Sprint Nextel Corp..

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