23 August 2004, 10:27  Tokyo stocks end up on exporters, economy optimism

Tokyo's Nikkei average closed up 0.66 percent on Monday as oil prices slipped from record highs, easing investor worries about the global economic outlook and sparking buying in exporters such as Sony Corp. <6758.T>. Shipping firms and several other stocks reliant on domestic business also attracted buyers on renewed optimism over Japan's economic health. The Nikkei <.N225> rose 71.83 points to 10,960.97. It earlier rose as high as 11,007.64, topping the psychologically important 11,000 line for the first time since Aug 12 on an intraday basis. The broader TOPIX index <.TOPX> was up 0.40 percent or 4.40 points at 1,114.24.///

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