TOKYO 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)
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What seemed like a possibility for the Nifty to cross the 8,000 mark just two weeks ago has now turned out to be a far-fetched dream. A 7,950-8,000 range could be used to book partial profits and re-enter closer to 7,750-7,800 for the next couple of weeks. The next big trigger would be the arrival of monsoons, writes Ambareesh Baliga. Read