- Font:
- +
- -
TOKYO (Reuters) - Japan's Nikkei share average closed at its highest point in nine months on Wednesday after the yen fell to a 20-month low on expectations of an aggressive monetary easing stance by the government of new Prime Minister Shinzo Abe.
The Nikkei <.N225> gained 1.5 percent or 150.24 points to 10,230.36, its highest since March 27. The broader Topix <.TOPX> added 1.2 percent to 847.71.
Abe was approved as prime minister by the lower house of parliament just before the market close.
(Reporting by Ayai Tomisawa; Editing by Chris Gallagher)
(c) Copyright Thomson Reuters 2012. Check for restrictions at: http://about.reuters.com/fulllegal.asp
“ ”