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RTRS: Nikkei powers to 8-mth closing high near
 
* Nikkei hits eight-month closing high in active trade

* Resource shares lead market up as oil, copper strong

* Shippers surge on brokerage upgrades

* Hopes for China indicators an additional boost

By Elaine Lies

TOKYO, June 10 (Reuters) - Japan's Nikkei stock average rose 2.1 percent on Wednesday to come within a hair's breadth of the psychologically important mark of 10,000, as fresh funds flowed into the market on hopes for a recovery in the global economy.

Resource shares such as trading firm Mitsubishi Corp (8058.T: Quote, Profile, Research) led gains on strong oil and metals prices while shipping lines surged after brokerage upgrades, helping the market shrug off an unexpected decline in machinery orders.

The Nikkei ended at fresh eight-month closing high and it has risen 42 percent since hitting a March 10 bear market low.
Source