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2013.08.0905:16:07UTC+00Japan stocks surge after sell-off; Nikon dives

Japanese stocks bolster Friday after plunging in the past two sessions, with a rebound on Wall Street aiding several beaten-down shares lift higher. The Nikkei Stock Average climbed 0.6%, paring its loss so far this week to just under 5.5%. The broader Topix spiked 0.7%. Shares of Mitsubishi Material Corp. skyrocketed 5.2%, Softbank Corp. boosted 2.4% and Trend Micro Inc. traded 3.6% higher. On the downside, Nikon Corp. tumbled 9.9% after its weak first-quarter results. 

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