News Column

Nikkei rises for 7th straight day on Wall St. gains, weaker yen

August 18, 2014

Tokyo stocks finished higher Tuesday, with the Nikkei stock index extending its winning streak to a seventh trading day on buying bolstered by overnight gains in U.S. shares and a weaker yen trend.

The 225-issue Nikkei Stock Average ended up 127.19 points, or 0.83 percent, from Monday at 15,449.79. The Nikkei's advance for the seventh straight day was its longest rally since it rose for nine consecutive trading days last December.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 9.03 points, or 0.71 percent, higher at 1,280.29.

Major gainers included warehousing, oil and coal products as well as utility shares.

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Source: Japan Economic Newswire

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