Nikkei hits fresh 5-1/2-year high as yen's fall continues

Mon May 13, 2013 2:17am EDT

TOKYO, May 13 (Reuters) - Japan's Nikkei share average
surged to a fresh 5-1/2-year high on Monday as the weakening yen
further bolstered exporters, while brokerage shares attracted
buyers as growing volume was  expected to bring in more fee
income.
    The benchmark Nikkei rose 1.2 percent to 14,782.21,
its highest closing level since late December 2007. During the
session, it climbed as high as 14,849.01, the highest level
since January 2008.
    The broader Topix gained 1.8 percent to 1,232.20.