Japan’s Nikkei share average rose to a 23-month high on Friday, with exporters gaining on a weaker yen after Prime Minister Shinzo Abe was quoted as saying the central bank should consider maximising employment as part of its mandate.
Top-weighted gainer Fast Retailing rose 4.2 per cent after the operator of casual clothing chain Uniqlo raised its earnings guidance for the business year ending August.
By the midday break, the Nikkei had added 0.8 per cent to 10,780.45 after rising as high as 1.7 per cent to 10,830.43, the highest level since February 2011.
Nikkei hits 23-month high on Abe’s BOJ comments, Fast Retailing
Japan’s Nikkei share average rose to a 23-month high on Friday, with exporters gaining on a weaker yen after Prime Minister Shinzo Abe was quoted as saying the central bank should consider maximising employment as part of its mandate.
Top-weighted gainer Fast Retailing rose 4.2 per cent after the operator of casual clothing chain Uniqlo raised its earnings guidance for the business year ending August.
By the midday break, the Nikkei had added 0.8 per cent to 10,780.45 after rising as high as 1.7 per cent to 10,830.43, the highest level since February 2011.
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