News Column

Nikkei hits 5-month high on optimism over global economy

July 3, 2014

Tokyo stocks rose Friday, with the Nikkei index hitting a roughly five-month high on investor optimism over the global economy thanks to the upbeat U.S. jobs report for June.

The 225-issue Nikkei Stock Average ended up 88.84 points, or 0.58 percent, from Thursday at 15,437.13, the highest closing since Jan. 23. The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 6.65 points, or 0.52 percent, higher at 1,285.24.

Major gainers included nonferrous metal, air transport and glass and ceramics products shares.

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Source: Japan Economic Newswire

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