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Stocks

Market Scramble: Japan stock investors hot for top-line growth

Revenue gains replace cost reductions as key profit driver

TOKYO -- Revenue growth is emerging as draw for equity investors here, and it may fuel a rally that propels the Nikkei Stock Average back above 20,000.

The Japanese benchmark rose for a second straight session Monday, gaining 0.45% to close at 19,678. Given concerns over North Korea and suspicions of Russian links to U.S. President Donald Trump, many observers skeptically attribute the increase mainly to a "restocking" of shares that were dumped earlier.

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