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Tokyo shares end sharply higher on weaker yen

TOKYO
2016-04-14 15:34

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Tokyo shares ended the trading Thursday sharply higher on the yen's retreat that helped buying of export-oriented issues, with its benchmark Nikkei stocks index hitting a roughly two-week high.

The 225-issue Nikkei Stock Average skyrocketed 529.83 points, or 3.23 percent, from Wednesday at 16,911.05.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange was up 38.91 points, or 2.92 percent, to 1, 371.35.

Gainers were led by insurance, iron and steel, and glass and ceramic product issues. The turnover was about 2,668.9 billion yen (around 24.38 billion U.S. dollars).

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