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Tokyo: Nikkei gains as yen's rise pauses, caution before Yellen limits upside

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[TOKYO] Japan's Nikkei share average rose on Wednesday with a pause in the yen's rise lifting cyclical stocks, although caution before Federal Reserve Chair Janet Yellen's appearance at a central bankers' meeting later in the week limited the gains.

The Nikkei closed 0.6 per cent higher at 16,597.30.

The broader Topix added 0.7 percent to 1,306.71 and the JPX-Nikkei Index 400 gained 0.6 per cent to 11,739.87.

Ms Yellen will speak on Friday at an annual gathering of global central bankers in Jackson Hole, Wyoming and the focus inevitably has shifted to the Fed chief's view on monetary policy.

REUTERS

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