Tokyo stocks rose for the fourth straight trading day on Monday, driving a key index to renew its highest closing level in almost 15 years on Greece's loan extension agreement and gains on Wall Streets weekend.
The benchmark Nikkei 225 Stock Average on the Tokyo Stock Exchange (TSE) advanced 134.62 points, or 0.73 percent, from Friday to 18,466.92, the highest close since April 24, 2000. The broader Tokyo Stock Price Index, which includes all First Section issues on the TSE, also rose 2.50 points, or 0.17 percent, to 1,502.83, its highest finish since December 2007.
On Friday, the Dow Jones industrial average and the S&P 500 closed at all-time highs again after Greece and European finance officials reached the deal to extend financial assistance to Greece by four months In the currency market, at 5:40 p.m. (0840 GMT), the dollar fetched JPY119.22-26 against JPY 118.97-119.07 in New York and JPY 118.82-84 in Tokyo at 5 p.m. Friday.