URGENT: Nikkei rises over 2% on exporter gains as yen weakens

Economy

Japan’s Nikkei benchmark index rose over 2 percent Wednesday afternoon, trading at a fresh 34-year high, as the yen’s weakness against the U.S. dollar lifted sentiment and fueled buying of exporter issues.

As of 1 p.m., the 225-issue Nikkei Stock Average had risen 684.43 points, or 2.03 percent, from Tuesday to 34,447.61. The broader Topix index was up 34.32 points, or 1.42 percent, at 2,447.41.

Kyodo News

Kyodo News