Nikkei up for fifth day in succession

<p>The Nikkei has recorded a gain for the fifth day in a row.</p>

The Nikkei is up for the fifth day in a row as fears over the US government shutdown calmed following the latest talks.

After the index was closed yesterday (October 14th) for a public holiday, it rose by 0.3 per cent to get the week off to a good start.

According to a report by Reuters, the Nikkei closed the session at 14,441.54, while the Topix was almost flat for the session and edged up by just 0.03 per cent.

Sony Corp was among the best performing stocks on the Nikkei during today's trading, with a weaker yen helping to support exporters such as the technology company.

Asian markets were down across the board yesterday as concerns over the ongoing US government shutdown began to intensify.

With the deadline over the debt ceiling coming closer, on Thursday, investors were worried that no agreement would be reached and the US would start to default on its payments.

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