Nikkei closes at 1-wk high on Spain plan, earnings

TOKYO, May 13 (BestGrowthStock) – Japan’s Nikkei average rose over 2
percent to a one-week closing high on Thursday after Spain
outlined measures to cut its deficit, easing fears the Greek debt
crisis could spread in Europe and boosting exporters such as
Advantest (6857.T: ).

Shares of companies with upbeat earnings and outlooks found
favour as well, with information services company CSK Holdings
(9737.T: ) surging more than 14 percent after it forecast a jump in
profit this financial year.

The benchmark Nikkei (.N225: ) rose 2.2 percent to 10,620.55,
its highest close in a week. The broader Topix (.TOPX: ) gained 1.6
percent to 947.90.

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(Reporting by Elaine Lies)

Nikkei closes at 1-wk high on Spain plan, earnings