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Tokyo's Nikkei breaks19 000 in 15 years

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Pedestrians walk past an electric quotation board flashing the Nikkei key index of the Tokyo Stock Exchange a day before it finished at 17 818.96, logging a weekly gain of 1.12%. The Nikkei is up more than 9% this year. (Kazuhiro Nogi, AFP)
Pedestrians walk past an electric quotation board flashing the Nikkei key index of the Tokyo Stock Exchange a day before it finished at 17 818.96, logging a weekly gain of 1.12%. The Nikkei is up more than 9% this year. (Kazuhiro Nogi, AFP)

Tokyo - Tokyo's Nikkei index on Friday ended above 19 000 points for the first time in 15 years as foreign investors pile into Japanese stocks, while factory robotics giant Fanuc surged after a pledge by its top executive to boost investor returns.

The benchmark Nikkei 225 at the Tokyo Stock Exchange advanced 263.14 points to 19 254.25, its best close since April 2000, while the Topix index of all first-section shares rose 13.70 points to 1 560.33.

"As the market performs even though the yen is fairly stable, it'll become harder for foreign investors to ignore Japanese stocks," said Mikio Kumada, a strategist at LGT Capital Partners.

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