Nikkei set to rise as Abe election win boosts recovery hopes

TOKYO, July 22 (Reuters) - Japan's Nikkei share average is expected to rebound on Monday after Prime Minister Shinzo Abe's ruling bloc and its coalition partner regained control of the upper house in an election, boosting hopes for a sustained economic recovery. Market players said the Nikkei was likely to trade between 14,600 to 14,900 on Monday after falling 1.5 percent to 14,589.91 on Friday. Nikkei futures in Chicago closed at 14,820, up 1.2 percent from the close in Osaka of 14,650.
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