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Markets

Tokyo stocks jump 2.5pc after Trump tax cut promise

Published February 10, 2017 Updated February 10, 2017 06:35am

imageTOKYO: Japanese stocks rose sharply Friday, mirroring a surge on Wall Street after US President Donald Trump promised details soon about a "phenomenal" tax-cut plan aimed at boosting the world's top economy.

Tokyo's benchmark Nikkei 225 index jumped 2.5 percent, or 471.26 points, to end the week at 19,378.93, while the Topix index of all first-section issues rose 2.18 percent, or 33.01 points, to close at 1,546.56.

Copyright AFP (Agence France-Press), 2017

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