Financial Times FT.com

Tokyo bull-run shows resilience of recovery

By Michiyo Nakamoto in Tokyo

Published: December 29 2006 10:39 | Last updated: December 29 2006 10:39

The Tokyo stock market on Friday marked its fourth full year of gains as it completed the longest bull-run that Japan has experienced since 1989, highlighting the growing resilience of Japan’s economic recovery.

The Nikkei average closed Friday at 17,225.83, up 6.9 per cent for the year, while the broader Topix index rose 1,681.07, up 1.9 per cent this year.

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