Nikkei ends 1 pct up on futures buying, posts 3rd week of gains
Friday, 1 March 2019 13:53 WIB |
MARKET UPDATE |Nikkei 225Saham JepangIndeksTopixIndeks Nikkei
Tokyo's Nikkei share average surged to 2-1/2-month highs on futures buying after the dollar rose against the yen on the back of strong U.S. economic growth, giving Japanese exporters a boost.
The Nikkei rose 1.0 percent to 21,602.69, the highest close since Dec. 13. For the week, the benchmark index gained 0.8 percent and posted its third straight weekly gain.
Exporters took advantage of a weaker yen after the dollar rose 0.4 percent to 111.73 yen, the highest level since Dec. 20.
The broader Topix rose 0.5 percent to 1,615.72. Advancing issues out numbered declining ones 1,180 to 859.
Source : Reuters
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