Tepco Rises Most in Year After Governor Opposing Restart Retires
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Tokyo Electric Power Co. Holdings Inc., operator of the wrecked Fukushima nuclear power plant, jumped the most in more than a year after a prefecture governor opposing the restart of one of its reactors abandoned his bid for re-election.
Tokyo Electric rose as much as 12 percent to 417 yen, the biggest intraday increase since May 2015, and traded at 394 yen at 9:32 a.m. Tokyo time. The Topix index rose as much as 1 percent.