Nikkei 225 Heads for Highest Since 2008 on Stimulus Bets
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Bloomberg (05/3) - Japanese shares rose a fourth day, with the Nikkei 225 (NKY) Stock Average headed for the highest close since 2008, amid optimism central banks in the U.S. and Japan will keep up stimulus measures to spur growth.
The Nikkei 225 gained 0.7 percent to 11,731.24 as of 9:25 a.m. in Tokyo,
poised for the highest close since Sept. 29, 2008. The Topix Index
advanced 0.5 percent to 996.98, with about four shares rising for each
that fell. China set its 2013 goal for gross domestic product at 7.5 percent, missing estimates for an 8.1 percent expansion.
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