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Nikkei closes 0.7% up

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Japanese share market closed higher on Wednesday, 13 May 2015, helped by data showing Japan ran a wider-than-expected current-account surplus in March and on expectations the Bank of Japan would buy equities. But gain was limited due to yen appreciation against the US dollar. The benchmark Nikkei 225 index rose 139.88 points, or 0.71%, to finish at 19764.72. The broader Topix index of all first-section shares ended higher 1.94 points, or 0.12%, up at 1604.21. Japan's current-account surplus widened to the most in seven years in March 2015, boosted by a surge in income from investment abroad and an improved trade balance. The surplus in the current account, the broadest measure of Japan's trade with the rest of the world, was 2.80 trillion yen in March before seasonal adjustment.

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First Published: May 13 2015 | 4:38 PM IST

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