Nikkei 225 Advances for 8th Day on U.S. Jobs, Weaker Yen

Nikkei 225 Advances for 8th Day on U.S. Jobs, Weaker Yen

Bloomberg, (11/3) - Japanese shares rose, with the Nikkei 225 Stocks Average climbing for an eighth day, after better-than-forecast U.S. jobs growth and as a weaker yen boosted the earnings outlook for exporters. The Nikkei 225 rose 0.6 percent to 12,351.15 as of 9:39 a.m. in Tokyo. The measure last week recovered its losses since the 2008 collapse of Lehman Brothers Holdings Inc. on optimism Prime Minister Shinzo Abe and his nominee for Bank of Japan governor, Haruhiko Kuroda, will succeed in ending 15 years of deflation. The broader Topix Index increased 1.4 percent 1,034.29 today, with about six shares rising for each that fell. http://www.bloomberg.com/news/2013-03-11/nikkei-225-advances-for-8th-day-on-u-s-jobs-weaker-yen.html