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Stocks

Japan's Jasdaq, Mothers markets see diverging paths

TOKYO -- Japan's two main equities markets for startups are headed in opposite directions, with investors flocking to strong, undervalued Jasdaq stocks while snubbing gaming and bio-related companies on the Mothers market.

     The Nikkei Jasdaq Stock Average climbed for a ninth straight session Monday to mark its highest level in almost nine years. Harmonic Drive Systems, which has enjoyed strong demand for speed reducers used in small industrial robots, jumped 4% at one point to its highest level since the beginning of last year. Takeuchi Manufacturing, which makes compact construction machinery, went up 2%.

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