Nikkei hits 8 month high on Wall St, easing euro zone fears

The Nikkei stock average rose to a fresh eight-month for a second straight day on Thursday, after a successful bond auction in Portugal eased fears about the euro zone's debt crisis and boosted European and US stocks.

January 13, 2011 / 11:49 IST

The Nikkei stock average rose to a fresh eight-month for a second straight day on Thursday, after a successful bond auction in Portugal eased fears about the euro zone's debt crisis and boosted European and US stocks.

The benchmark Nikkei was up 0.8%, or 84.81 points, at 10,597.61. That was its highest intraday level since May 13, 2010.

The broader Topix added 0.9% to 938.36.

first published: Jan 13, 2011 10:46 am

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