Around the World's Markets: Tokyo

Friday 11 December 1998 00:02 GMT

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A SELL-OFF in futures contracts ahead of settlement pulled the Nikkei 225 down nearly 1 per cent to 14,807. "Trading is always volatile before settlement as investors seek to maximise gains and minimise losses," an analyst said.

Electronics stocks rose after New York's tech-laden Nasdaq index posted further gains overnight. Toshiba, the leading maker of notebook computers, added 2 per cent on hopes that strong PC sales in the US will boost hardware makers. Rohm, the chip maker, gained more than 1 per cent.

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