Japan’s Nikkei share average rose to a near one-month high on Friday as investors’ risk appetite was buoyed after the European Central Bank unveiled a bond-buying scheme to help revive the region’s economy and stave off deflation.

The Nikkei ended 1.1 per cent higher at 17,511.75 points, the highest closing level since December 29. For the week, the Nikkei rose 3.8 per cent.

The broader Topix gained 1.0 per cent to 1,403.22 and the JPX-Nikkei Index 400 added 0.9 per cent to 12,749.04.

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