Tuesday, October 22, 2013
Nikkei Ends At Month's Highest Level On Yen's Fall
TOKYO (NQN)--Tokyo stocks continued higher Tuesday, with the Nikkei Stock Average climbing 19.68 points to end the day at 14,713.25, its highest level since Sept. 27.
The dollar's gradual rise against the yen supported the market. But a recent rise in the benchmark Nikkei average prompted profit-taking, limiting stocks' upward momentum.
Investors appear to be staying on the sidelines until the announcement of U.S. jobs data for September, which is scheduled for later in the day.