Tokyo: Nikkei snaps 4-day losing run on upbeat data, weaker yen
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[TOKYO] Japan's Nikkei share average gained on Thursday, snapping a four-day losing run, lifted by upbeat domestic data and a weaker yen.
The Nikkei rose 1.1 per cent to 19,860.03.
Indicators released on Thursday showed domestic companies picked up the pace of capital expenditures in the January-March quarter, brightening sentiment towards the corporate Japan.
The yen posted modest losses against the dollar, as its earlier run to a two-week high against the greenback was met with steady profit-taking.
The broader Topix climbed 1.1 per cent to 1,586.14 and the JPX-Nikkei Index 400 added 1.2 per cent to 14,142.82.
REUTERS
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