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Tokyo Stocks Close 5% Higher

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Tokyo stocks closed sharply higher on Monday with the key Nikkei index jumping 5.20 percent as investors' sentiment was brightened by the economic outlook in the United States and China.

The benchmark Nikkei 225 Average advanced 411.54 points to 8,329.05.

The Topix index rose 26.06 points, or 3.32 percent, to 812.08.

(Xinhua News Agency December 8, 2008)