Nikkei breaks above 15,000 on Wall St; Sony untraded
TOKYO, May 15 (Reuters) - Japan's Nikkei share index broke above 15,000 and hit fresh 5-1/2 year highs on Wednesday, bolstered by a strong performance from Wall Street and further weakness in the yen. Sony Corp was untraded with a glut of buy orders after a proposal from an activist fund to list its entertainment unit sent its U.S.-listed shares soaring 10 percent. Its shares were indicated at 1,957 yen, up 4.3 percent from the previous day's closing price. The Nikkei rose 1.8 percent to 15,028.36 after hitting as high as 15,030.26 soon after the opening bell, the highest since January 2008. The broader Topix gained 1.6 percent to 1,250.60.
- White House reverses, says Obama met uncle and lived with him during law school
- Flights delayed as air pollution hits record in Shanghai
- South Africa mourns Mandela, will bury him on December 15 |
- RPT-UPDATE 1-Ford leans on global Mustang to burnish overseas image
- Analysis: Boeing bidders dangle goodies to win 777X jetliner