Nikkei climbs for fourth straight day on a weaker yen

Nikkei climbs for fourth straight day on a weaker yen and finished above 14,000 on Tuesday as blue chip exporters gained on a weaker yen. US manufacturing data too lifted investor sentiment.

July 02, 2013 / 12:41 IST

The Nikkei share average climbed 1.8 percent to finish above 14,000 for the first time in five weeks on Tuesday as blue-chip exporters gained on a weaker yen. Encouraging US manufacturing and construction data also lifted investor sentiment.

Also read: US jobs data likely to beat expectations: John Bollinger

The benchmark Nikkei ended 246.24 points higher at 14,098.74, advancing for a fourth day in a row and marking its longest winning streak since mid-May.

The broader Topix index added 1.8 percent to 1,171.84 in moderate trade, with 3.02 billion shares changing hands.

first published: Jul 2, 2013 12:41 pm

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