Nikkei up 0.8 pct as soft yen buoys exporters

Thu May 29, 2008 10:09pm EDT
 
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(Updates to midsession)

TOKYO, May 30 (Reuters) - The Nikkei stock average rose 0.8 percent and touched a two-week high on Friday, with exporters such as Canon Inc (7751.T) finding favour on a softer yen and after U.S. stocks gained on receding worries about inflation and a recession.

The benchmark Nikkei average .N225 added 115.88 points to finish the morning session at 14,240.35 after hitting its highest since May 19. It rose 3 percent on Thursday.

The broader Topix index climbed 1.1 percent to 1,396.07. (Reporting by Aiko Hayashi)

 

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