Business News
Nikkei ends losing streak on Asian markets' rises (Roundup)
By DPA
Jul 7, 2008, 6:27 GMT

Tokyo - Japan's key Nikkei 225 Stock Average ended its 12-day losing streak Monday, thanks to Asian markets' rises and US dollar's advance against the yen.

The Nikkei index gained 122.15 points, or 0.92 per cent, to close at 13,360.04.

The broader Topix index of all first-section issues was also up 14.92 points, or 1.15 per cent, to 1,312.8.

On currency markets at midday (0300 GMT), the dollar was quoted at 107.09-14 yen, up from Friday's 5 pm quote of 106.72-75 yen.

The euro was quoted at 1.5634-39 dollars, down from Friday's 5 pm quote of 1.5715-18 dollars, and at 167.47-52 yen, down from 167.74-78 yen.