Nikkei climbs for fourth straight day on a weaker yen
TOKYO (Reuters) - The Nikkei share average climbed 1.8 percent to finish above 14,000 for the first time in five weeks on Tuesday as blue-chip exporters gained on a weaker yen. Encouraging U.S. manufacturing and construction data also lifted investor sentiment.
The benchmark Nikkei ended 246.24 points higher at 14,098.74, advancing for a fourth day in a row and marking its longest winning streak since mid-May.
The broader Topix index added 1.8 percent to 1,171.84 in moderate trade, with 3.02 billion shares changing hands.
(Reporting by Tomo Uetake; Editing by Edwina Gibbs)
- Tweet this
- Share this
- Digg this
- U.S. strikes have slowed Iraq militants but not weakened them - Pentagon
- CBI drops coal scam case against Kumar Mangalam Birla
- India's growth speeds up in after-glow of Modi's triumph
- Exclusive: Reliance plans $13 billion projects including new refinery
- Saudi king warns of terrorism threat to U.S., Europe
The Central Bureau of Investigation (CBI) has closed a coal scam case against billionaire Kumar Mangalam Birla and a former top bureaucrat that emerged in 2012 after an auditor's report on revenue loss to the exchequer from allocations of coal blocks. Full Article
Exclusive: Reliance plans $13 billion projects including new refinery. Full Article
In race for bigger margins, drug makers willing to lose the India "advantage". Full Article