Nikkei rises after S&P hits record, Cyprus concerns recede

Thu Mar 28, 2013 8:11pm EDT

TOKYO, March 29 (Reuters) - Japan's Nikkei share average
rose on Friday on renewed investor risk appetite after the U.S.
S&P 500 hit a record high and worries about the bailout for
Cyprus receded.
    The Nikkei was up 0.5 percent at 12,398.47 just
after the open, while the Topix was 0.2 percent higher
at 1,038.42.