TOKYO (Reuters) - Japan's Nikkei average jumped more than 4 percent to break above the 13,000-mark for the first time since August 2008 in early trade on Friday, buoyed by the Bank of Japan's announcement of massive stimulus to revive the world's third-largest economy.
The Nikkei rose 540.61 points to 13,175.15, extending the previous session's 2.2 percent gain after the BOJ decision. It was on track for its biggest one-day percentage climb in two years.
The broader Topix <.TOPX> index climbed 4.1 percent to 1,079.84.
(Reporting by Ayai Tomisawa; Editing by Dominic Lau and Edwina Gibbs)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
