RTRS: Nikkei climbs on bargain-hunting as yen falls back
TOKYO (Reuters) - The Nikkei average surged 10 percent on Thursday to post its highest close in over a week, buoyed by exporters such as Kyocera (6971.T: Quote, Profile, Research, Stock Buzz) on a softer yen and amid talk of a rate cut by the Bank of Japan after similar moves by the United States and China.
The benchmark Nikkei .N225 climbed 817.86 points to end at 9,029.76, the highest close since October 22.
The 10 percent jump was the biggest one-day gain since October 14, when the Nikkei surged 14.2 percent for the biggest one-day gain in its history.
The broader Topix .TOPX shot up 8.3 percent to 899.37.
