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Nikkei edges up despite yen's strength; rallies in Asian stocks also help

The Nikkei rose 0.4% to 14,472.58, after opening 1.0% lower on the back of the yen's surge against the dollar

Reuters Tokyo

 

Japan's Nikkei share average rebounded on Thursday in choppy trade even though the yen's rally paused, while firmer Asian stocks boosted market sentiment.
 
The Nikkei rose 0.4% to 14,472.58, after opening 1.0% lower on the back of the yen's surge against the dollar. Index heavyweight Fast Retailing  gained 1.8% and buoyed the benchmark.
 
The broader Topix was almost flat at 1,194.77.

 

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First Published: Jul 11 2013 | 2:02 PM IST

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