Nikkei hits five-week high

<p>A new five-week high has been reached by the Nikkei.</p>

The Nikkei has continued its strong start to the week today (July 2nd) by recording more gains.

It rose by 1.8 per cent to end the day above the 14,000 mark for the first time in the last five weeks, marking a turnaround from its recent drop to below 13,000.

The Nikkei hit a one-month high yesterday as it recorded a 1.3 per cent jump, with the index's resurgence showing no signs of coming to an end just yet.

A weaker yen has helped blue-chip exporters to show a strong performance on the Nikkei so far this month, reports Reuters.

Elsewhere, it was also a good day for the Topix index, which added 1.8 per cent over the course of a moderate session to end up at 1,171.84 in moderate trade.

More than three billion shares changed hands over the course of trading on the Topix today.

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