Nikkei surges to fresh 6-month highs

Last Updated : Jul 28 2014 | 11:54 PM IST

Japan share market advanced to a fresh six-month high on Monday, 28 July 2014, on the back of yen depreciation against major currency rival and as Japanese earnings season gets into full swing. The benchmark Nikkei 225 index added 0.46%, or 71.53 points, to 15,529.40, its best finish since late January, while the Topix index of all first-section issues rose 0.37%, or 4.72 points, to 1,286.07.

More than 1,300 of the 1,809 companies on the Topix are scheduled to report earnings in the next two weeks. Of the 43 such businesses that posted earnings since July 1, 53% beat market expert projections for profit.

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Nikkei surges to fresh 6-month highs