Nikkei Jumps 2 Per Cent on Weak Yen

Japanese stocks jumped 2 per cent to a 1-1/2-week high on Tuesday as a weaker yen lifted exporters, while Nissan Motor Co and Sharp Corp gained on hopes that their perceived conservative forecasts suggested more upside to their earnings.

The benchmark Nikkei share average ended 275.92 points higher at 14,425.44 - its highest close since May 2.

The broader Topix rose 1.8 per cent to 1,178.35, while the new JPX-Nikkei Index 400 advanced 1.8 per cent to 10,728.59.

Nissan jumped 5.1 per cent.

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