Nikkei climbs for fourth straight day on a weaker yen

TOKYO Tue Jul 2, 2013 11:44am IST

A man looks at an electric stock quotation board at a brokerage firm in Tokyo June 20, 2013. REUTERS/Issei Kato/Files

A man looks at an electric stock quotation board at a brokerage firm in Tokyo June 20, 2013.

Credit: Reuters/Issei Kato/Files

Related Topics

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)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

REUTERS SHOWCASE

Adani Project

Adani Project

Australia approves Adani's $16 bln Carmichael coal project  Full Article 

India-U.S. Talks

India-U.S. Talks

Kerry to woo Modi's India, but quick progress unlikely  Full Article 

Paring Debt

Paring Debt

Jaiprakash to sell hydro plants to Reliance Power  Full Article 

Nifty Falls

Nifty Falls

The broader index hits lowest in nearly a week on profit taking  Full Article 

Mideast Conflict

Mideast Conflict

U.N. Security Council calls for humanitarian ceasefire in Gaza  Full Article 

Market Eye

Market Eye

Foreign investors prefer Indian cyclicals, utilities - Macquarie  Full Article 

Debt Investment

Debt Investment

India's FII debt limit hike credit-positive, says Moody's  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage