TOKYO, Dec. 27 (Xinhua) -- Tokyo stocks closed higher on Friday with the benchmark Nikkei index ending at a five-month high of above 40,000, lifted by automakers and other export-oriented issues on a weaker yen.
Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended up 713.10 points, or 1.80 percent, from Thursday at 40,281.16, its highest level since July 17.
The broader Topix index, finished 34.90 points, or 1.26 percent, higher at 2,801.68.
On the stock market, the Nikkei briefly gained 2 percent as auto and electronics issues were sought on the yen's weakness, which is working positively not only for manufacturers but also companies with a strong overseas presence, analysts said.
A wide range of issues were sought as overseas investors returned to the market after the Christmas holiday, they added. Enditem
Go to Forum >>0 Comment(s)