Nikkei 225 index recovers on Tuesday

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Source: Dukascopy Bank
Japan's Nikkei Stock Average slightly recovered on Tuesday amid surge in crude prices, though the gains were limited as trading volumes were low and BoJ reduced the growth outlook for 2012. Nikkei 225 index added 0.15% or 12.78 points and closed at 8,785.33, lifted by energy shares. Inpex Corp. advanced 2.2%, while Japan Petroleum Exploration Corp climbed 1.4%. Automaker Toyota Motor jumped 2.7% after reporting it plans to reduce jobs in Australia. Sony Corp. fell 2.4% on rumors that company may tie-up with Olympus.  

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