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Tokyo rubber futures up 3 pct on firm oil, equities

SINGAPORE, Dec 21 (Reuters) - The most active rubber contract on the Tokyo Commodity Exchange, May 2012, jumped 3 percent to a high of 279.7 yen a kg on Wednesday, tracking gains in oil prices and equities.

The Nikkei rose on smooth debt sales in Europe and positive housing data in the United States, which also lifted oil prices in overnight trade. ] (Reporting by Lewa Pardomuan;Editing by Clarence Fernandez)