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A landslide election victory Sunday for Prime Minister Shinzo Abe sent Tokyo stocks higher and the yen down Monday, with the path paved for a continuation of loose monetary policy.

The benchmark Nikkei 225 average rose for the 15th straight session on the Tokyo Stock Exchange. The index gained 239.01 points, or 1.11 percent, to end at 21,696.65, its best finish since July 15, 1996.

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