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Politics

Japanese shares surge on news of Macron presidential win

French centrist's victory pushes Nikkei average to 17-month high

A man walks by a screen in central Tokyo showing the Nikkei Stock Average trading above 19,800 on May 8.

TOKYO -- Japanese shares ended higher Monday in the wake of Emmanuel Macron's victory in the final round of the French presidential election.

The Nikkei Stock Average closed at a 17-month high of 19,895.70, up 2.3%, from its previous close May 2, after a three-day public holiday. The index topped the previous year-high of 19,633.75, reached on March 13.

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