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  • Tokyo's key Nikkei index closed up more than two percent on Monday after Joe Biden was elected to be the next US president in a close contest that eventually delivered the outcome the market expected. The benchmark Nikkei 225 index gained 2.12 percent, or 514.61 points, to end at 24,839.84, while the broader Topix index added 1.41 percent, or 23.41 points, to 1,681.90. "Investor sentiment was greatly improved due to receded US political risks," Okasan Online Securities chief strategist Yoshihiro Ito said in a commentary. The Tokyo market's solid gains came after the US market ended the best week since April, although Friday's Wall Street session was lukewarm as vote counting was still going on. nf/sah/fox
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  • Tokyo's Nikkei index ends up 2.12% after Biden victory
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