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Nikkei recovers 10,000-mark

Nikkei recovers 10,000-mark

TOKYO, Japan - The price board at a brokerage house in Tokyo's Nihombashi shows the benchmark Nikkei Stock Average closed above 10,000 on Sept. 14 for the first time in three days. The index jumped 395.80 points on news that Dai-Ichi Kangyo Bank will stop providing financial assistance to ailing supermarket chain Mycal Corp. The news immediately sent stock prices to negative territory, but they later picked up as investors digested the report as a positive factor for banks.

  •  
Nikkei recovers 10,000-mark

Nikkei recovers 10,000-mark

TOKYO, Japan - The price board at a brokerage house in Tokyo's Nihombashi shows the benchmark Nikkei Stock Average closed above 10,000 on Sept. 14 for the first time in three days. The index jumped 395.80 points on news that Dai-Ichi Kangyo Bank will stop providing financial assistance to ailing supermarket chain Mycal Corp. The news immediately sent stock prices to negative territory, but they later picked up as investors digested the report as a positive factor for banks.

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