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Sharjah24
Nikkei heads for worst weekly decline
The Japanese Nikkei Index declined by 0.3% in trading today, Friday, affected by rising global oil prices. This led to a weekly loss of approximately 4%, the largest in more than a month. The broader Topix Index also fell by 0.1%, heading toward a weekly decrease of 3.4%. Markets are expected to see profit-taking at the end of the week due to rising oil prices and bond yields. The shipping sector recorded the best performance among industrial sectors, with an increase of 2.8%.
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