Nikkei near 3-week high as Yellen's comments lifts dollar/yen

Reuters Updated - December 07, 2021 at 01:49 AM.

Nikkei shares rose to a near three-week high on Thursday as overnight comments from Federal Reserve Chair Janet Yellen lifted the dollar against the yen, while news that Greek parliament approved a bailout plan buoyed risk appetites.

The Nikkei share average ended 0.7 per cent higher to 20,600.12, the highest closing level since June 26, as investors expected Japanese exporters to benefit from the weaker yen. The broader Topix gained 0.9 per cent to 1,660.83 and the JPX-Nikkei Index 400 added 0.8 per cent to 14,999.11.

Published on July 16, 2015 07:08