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

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Reuters Tokyo
Last Updated : Jul 11 2013 | 2:17 PM IST

 

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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