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Stocks

Market Scramble: Nikkei rallies on France election, shift in April sell-off

Political relief, earnings optimism lift Japanese equities

TOKYO -- The market got a shot of confidence here Monday on results from France's presidential election, and an annual April sell-off of equities lightened, contributing to the rally.

The Nikkei Stock Average climbed 1.37% to 18,875.88, largely on short covering in hedge funds and other securities.

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