Home Business / Finance Nikkei soars to near 2 week high on Wall St gains; FOMC...

Nikkei soars to near 2 week high on Wall St gains; FOMC eyed

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Pedestrians walk in front of a quotation board displaying the Nikkei key index of the Tokyo Stock Exchange in Tokyo on December 18, 2013. Tokyo stocks opened flat on December 18 as investors await the US Federal Reserve's decision on whether to begin scaling back its huge stimulus. AFP PHOTO / KAZUHIRO NOGI

Jan 27 Japan’s Nikkei rose to a near two-week high on Wednesday after Wall Street rebounded, while investors were cautious ahead of a U.S. Federal Reserve meeting statement due out later in the day.

The Nikkei share average ended 2.7 percent higher at 17,163.92, the highest closing level since Jan. 14.

The broader Topix gained 3.0 percent to 1,400.70 with all of its 33 sub-indexes in positive territory.

The JPX-Nikkei Index 400 rose 2.9 percent to 12,629.20.

Source: Reuters by Ayai Tomisawa; Editing by Simon Cameron-Moore

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