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Nikkei rises to fresh 5 1/2-year high on weak yen, Wall St
May 16, 2013 / 12:16 AM / in 4 years

Nikkei rises to fresh 5 1/2-year high on weak yen, Wall St

TOKYO, May 16 (Reuters) - Japan's Nikkei stock average rose
to a fresh 5 1/2-year high on Thursday on the yen's persistent
weakness against the dollar and record highs for U.S. stocks
overnight.
    Official figures published on Thursday morning showed
Japan's economy grew at a faster-than-expected 0.9 percent in
January-March from the previous quarter, translating into an
annualised increase of 3.5 percent. 
    The Nikkei gained 0.2 percent to 15,127.37 after
rising as high as 15,155.72, the highest since January 2008.
    The broader Topix rose 0.2 percent to 1,255.59.

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