Japan’s Nikkei Stock Average has touched the 20,000 mark Thursday as the Japanese yen bolstered the benchmark into its highest level since late August.
The Nikkei was at 19,958.07, up 0.6%. The index last ended above the 20,000 level on August 20, as a weaker yen bolstered the Nikkei 18% from its recent low on September 29. The benchmark is the second best performing market in Asia this year, with a gain of 14%.
Japanese shares have recorded one of the strongest rebounds in the region since several benchmarks have hit their lows in late September.
Meanwhile, the Shanghai Composite Index climbed 0.4%, Hong Kong’s Hang Seng Index added 0.1%, and South Korea’s Kospi gained 0.9%.
The material has been provided by InstaForex Company – www.instaforex.com