Nikkei nears 33-month high after Japan dodges G20 bullet

Japan’s Nikkei share average jumped 2.3 per cent in early trade on Monday, with exporters and banks leading the pack after the yen softened on the G20’s decision not to single out Japan for undertaking policies that have weakened its currency.

The Nikkei added 254.32 points to 11,429.15, with financials and real estate contributing to the benchmark’s gains as investors bet that the G20’s apparent approval of Japan’s reflationary policies will help spur economic recovery.

via Business feed http://www.scmp.com/business/money/markets-investing/article/1152956/nikkei-nears-33-month-high-after-japan-dodges-g20