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Tokyo: Nikkei scales one-month peak as yen slips

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[TOKYO] Japan's Nikkei share average ended at a one-month peak on Wednesday, buoyed by a weaker yen and record high for the Nasdaq Composite.

The Nikkei closed at 19,289.43, its highest since March 24. The index was up 3.6 per cent for the week so far, and climbed 2 per cent in April.

The Nasdaq Composite hit a record high on Tuesday, while the Dow and S&P 500 brushed against recent peaks as strong earnings underscored the health of corporate America. The US dollar logged its biggest one-day rise against the yen in three months.

The broader Topix gained 1.2 per cent to 1,537.41, while the JPX-Nikkei Index 400 rose 1.2 per cent to 13,763.69.

REUTERS

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