Friday, August 12, 2011

Nikkei rebounds above 9,000 as world stocks stabilise

TOKYO: The Nikkei average bounced back above the crucial 9,000 line on Friday, recouping some of the hefty losses sustained this week, after global equities rebounded on bargain-hunting supported by a slight dip in U.S. jobless claims.

The benchmark Nikkei average opened up 0.9 percent at 9,064.17 on Friday, while the broader Topix gained 1 percent to 778.78. ' Reuters

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