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Nikkei jumps 4 pct, above 13,000 for 1st time in nearly 5 years

Source : REUTERS
Last Updated: Fri, Apr 05, 2013 00:32 hrs
Employees of the Tokyo Stock Exchange (TSE) look up at a stock quotation board at the bourse in Tokyo

TOKYO (Reuters) - Japan's Nikkei average jumped more than 4 percent to break above the 13,000-mark for the first time since August 2008 in early trade on Friday, buoyed by the Bank of Japan's announcement of massive stimulus to revive the world's third-largest economy.

The Nikkei rose 540.61 points to 13,175.15, extending the previous session's 2.2 percent gain after the BOJ decision. It was on track for its biggest one-day percentage climb in two years.

The broader Topix <.TOPX> index climbed 4.1 percent to 1,079.84.

(Reporting by Ayai Tomisawa; Editing by Dominic Lau and Edwina Gibbs)




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