(MENAFN- Saudi Press Agency) Japanese shares surged on Wednesday for the first ris
In five trading days as market sentiment was buoyed by recedin
Worries about emerging economies, dpa reported
The benchmark Nikkei 225 Stock Average gained 403.75, or 2.7 pe
Cent, to end at 15,383.91 while the broader-based Topix index was u
31.87 points, or 2.6 per cent, at 1,256.18
In Japan on Wednesday, export-linked stocks were bolstered by th
yen's fall against major currencies. A weaker yen makes Japanes
goods more competitive overseas and improves repatriated revenues
On currency markets at 3 pm (0600 GMT), the dollar traded a
103.36-40 yen, up from Tuesday's 5 pm quote of 102.77-79 yen
The euro was quoted at 141.20-21 yen, up from 140.42-45 yen lat
Tuesday and at 1.3660-3661 dollars, little changed from 1.3664-366
dollars
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