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Nikkei rebounds on bargain-hunting, but mining sector weak

Nikkei rebounds on bargain-hunting, but mining sector weak
From Reuters - December 6, 2017

TOKYO, Dec 7 (Reuters) - Japans Nikkei share average rose on Thursday, taking back some ground lost in the previous session as investors sought bargains after the benchmark index skidded its most in 8-1/2 months The Nikkei ended morning trade up 1.27 percent, or 280.70 points, at 22,457.74, following its biggest fall since March the previous day, after it broke key technical support at its 25-day moving average.

Index heavyweight Fast Retailing was up 2.1 percent.

Pharmaceutical shares added 1 percent, while securities shares were up 0.8 percent.

Oil shares edged up 0.3 percent after crude oil futures steadied following an overnight sell-off.

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