9 December 2005, 15:03  Tokyo recovers from trading error

Tokyo recovered from the aftermath of a trading error Friday while Bombay hit a record high as most Asian markets ended up. Japan's benchmark Nikkei 225 index gained 220.69 points, or 1.45 percent, to finish at 15,404.05. On Thursday, the Nikkei tumbled 1.95 percent amid market jitters over an erroneous sell order from Japanese brokerage Mizuho Securities Co., which lost at least 27 billion yen ($225 million) on a stock trade. Stocks also took a hit early Friday after the government reported that the country's economy grew at an annual pace of 1 percent in the July-September quarter, down from a preliminary figure of 1.7 percent. But the market recovered toward the morning close on gains in banks. Mitsubishi UFJ Financial Group Inc. rose 3.16 percent and Sumitomo Mitsui Financial Group Inc. climbed 3.36 percent. Sony Corp. advanced 1.83 percent and Matsushita Electric Industrial Co. jumped 3.81 percent.

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