Nikkei hits seven-year high on yen depreciation, oil prices

Headline equities of the Japanese financial market began December with positive note, sending the benchmark Nikkei Stock Average higher by 130.25 points, or 0.75%, to 17590.10, a fresh seven-year high, on Monday, 01 December 2014. The gain came as market participants chased for value buying across the board, with exporters, airline and transport logistics stocks being major gainers propelled by drops in the yen's value and the price of energy.

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