BUSINESS / Economy

Nikkei ends sizzling '13 at six-year high

Index rides weak yen to score biggest annual gain since '72

Stakeholders: Prime Minister Shinzo Abe rings the bell Monday to mark the end of 2013 trading on the Tokyo Stock Exchange as Paralympian Mami Sato, who contributed to the successful bid to host the 2020 Olympics in Tokyo, looks on. | SATOKO KAWASAKI

Kyodo

Dec 30, 2013

The Nikkei stock index on Monday climbed to a fresh six-year high to close out the last trading day of 2013.

The index soared 57 percent for the year to score its biggest annual gain since 1972, powered by aggressive fiscal and radical monetary stimulus programs that boosted exporters by weakening the yen.

At the close of trading Monday the 225-issue Nikkei stock average gained 112.37 points, or 0.69 percent, from Friday to end at 16,291.31, its highest close since Nov. 2, 2007.

Nikkei ends sizzling '13 at six-year high

Index rides weak yen to score biggest annual gain since '72

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