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Japanese shares rise on AI-shares rally, dividend hunt
TOKYO: [Japanese shares rose on Friday ](https://Japanese shares rise on AI-shares rally, dividend hunt)as AI-related stocks gained and investors bought ahead of Monday’s deadline to qualify for mid-term dividends. The Nikkei was up 1.23% to 66,318.14 by the midday break. The broader Topix rose 1.19% to 4,123.73. “Investors picked up stocks to secure the right to dividend payouts, but moreover, the demand for chip-related stocks supported the market,” said Daisuke Hashizume, a senior strategist at Daiwa Securities. Bank shares, which typically pay higher dividends, were the top performers amon...
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