Nikkei ends week on a high

<p>The Nikkei rose by 0.3 per cent today.</p>

The Nikkei ended the week on a high by recording a 0.3 per cent gain today (May 8th).

Mitsubishi Heavy Industries and Toshiba Corp were among the big risers on the index today, with the Ukraine crisis continuing to have a stifling impact on global markets.

Investors are still holding back from making major moves as a result of concerns conflict between Ukraine and Russia could break out on a large scale in the coming weeks.

The Nikkei was still down for the week overall, recording a 1.8 per cent drop in its value, reports Reuters.

It has been a difficult last few months for the Nikkei, which came into 2014 with huge momentum after comfortably outperforming global markets such as London's FTSE 100 and the Nasdaq in New York over the course of last year.

There was also a 0.5 per cent rise for the Topix, which ended the week at 1,165.51.

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