Japan stocks drift higher on earnings, weaker yen

Japanese share market finished the session firmly higher on Wednesday, 05 August 2015, helped by yen depreciation against the greenback and as the latest survey from Nikkei revealed that the services sector in Japan continued to expand in July, with a PMI score of 51.2. Meanwhile, better than expected earnings from Terumo Corp. to Kajima Corp also bolstered sentiments. The Nikkei Stock Average advanced 93.70 points, or 0.46%, to end at 20614.06 points. The broader Topix index ended 6.02 points, or 0.36%, higher at 1665.85 points. The yen traded at 124.41 per dollar after weakening 0.3% on Tuesday.

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