The 225-issue Nikkei Stock Average gained 48.44 points, or 0.32 percent, from Thursday to 15,409.60, its highest since late January on an intraday basis. The broader
Stocks fluctuated mostly higher in the morning, as selling to lock in gains following a three-day winning streak were offset by buying on hopes for a global economic recovery after the Dow Jones Industrial Average extended gains for the fifth straight session, brokers said.
Japanese stocks were also supported by improved market sentiment due to strength in the domestic economy despite the
But the pace of the rise in Japanese stocks has been slowed, as a relatively firm yen versus the dollar below the
"For stocks to gain further ground, there needs to be additional factors such as more increases in U.S. stocks and a weakening yen, with the dollar rising above the
Real estate, nonferrous metals and construction shares were major gainers, while oil and coal products, mining and retail issues were main decliners.
On the First Section, declining issues advancing ones 955 to 677, while 180 finished the morning unchanged.
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