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 TOKYO: Tokyo stocks opened up 1.08 percent higher on Monday, tracking surges in US and European markets last week after a key EU summit delivered surprise measures to fight the eurozone debt crisis.

The Nikkei 225 index at the Tokyo Stock Exchange opened up 97.01 points at 9,103.79.

Just before the market opening, a quarterly survey by the Bank of Japan showed business sentiment among major Japanese manufacturers had improved to minus one in June, from minus four in March.

Copyright AFP (Agence France-Presse), 2012

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