Nikkei sees biggest gain in over 3 wks, exporters up
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TOKYO, Aug 29 (Reuters) - Japan's Nikkei stock average climbed 2.4 percent on Friday, its biggest one-day percentage gain in over three weeks, as Canon Inc (7751.T: Quote, Profile, Research, Stock Buzz) and other exporters rose after surprisingly strong U.S. GDP data temporarily eased fears about its economic health.
Mitsubishi UFJ Financial Group (8306.T: Quote, Profile, Research, Stock Buzz) and other banks gained as well after their U.S. peers rose on the brighter economic outlook and a management shake-up at top mortgage financial company Fannie Mae (FNM.N: Quote, Profile, Research, Stock Buzz).
The benchmark Nikkei .N225 rose just over 300 points to 13,072.87 for its greatest one-day percentage gain since August 6. The broader Topix .TOPX rose 2.9 percent to 1,251.71. (Reporting by Elaine Lies)
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