Tokyo: Nikkei jumps to 2-1/2-month high on boost from weak yen
[TOKYO] Japanese stocks rose on Monday as the yen weakend considerably against the dollar after Friday's strong US jobs report, while official data showed real wages edged up for a third straight month.
The Nikkei share average gained 2 per cent to 19,642.74 for its highest close since August 20.
The broader Topix added 1.8 per cent to finish at 1,590.97 with all but two of its 33 subindexes in positive territory.
The JPX-Nikkei Index 400 rose 1.8 percent to 14,316.65.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
China to facilitate Hong Kong IPOs and expand Stock Connect
Global equity funds see surge in outflows as rate cut hopes fade
Israel hits back, markets react; STI down 0.4%
Oil jumps, equities fall as Iran blasts fan Middle East fears
Tokyo: Nikkei index tumbles 3% in morning trade
Singapore shares open higher on Friday; STI up 0.2%