Nikkei jumps over 2% on upbeat global data, weaker yen

The Nikkei rose 2.2% to 13,660.55, after shedding 0.4% in the previous session

Reuters Tokyo
Last Updated : Aug 23 2013 | 12:30 PM IST

Japan's Nikkei share average jumped more than 2% on Friday with upbeat factory activity data from around the world spurring broad gains, led by exporters like Toyota Motor Corp that got an extra lift from a weaker yen.

The Nikkei rose 2.2% to 13,660.55, after shedding 0.4% in the previous session. For the week, the benchmark gained 0.1%.

The broader Topix added 2% to 1,141.63 in light trade.

Among exporters, Toyota gained 2.8% and Sony Corp advanced 3.2%.

 

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 23 2013 | 12:08 PM IST

Next Story