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Japan's Nikkei hits fresh intraday high in morning session

by Sean
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TOKYO, April 27 (Xinhua) — Tokyo stocks rose Monday morning, with the benchmark Nikkei stock index hitting a fresh intraday high above 60,000, buoyed by leading technology shares and optimism over a potential breakthrough in the ongoing Middle East conflict.

The 225-issue Nikkei Stock Average rose 868.19 points, or 1.45 percent, from Friday to 60,584.37. The broader Topix index was up 27.60 points, or 0.74 percent, at 3,744.19.

The Nikkei stock index pushed past the 60,000 line shortly after the market opened, tracking gains by U.S. counterparts late last week on favorable earnings results.

The index then dipped into negative territory as investors locked in profits, before regaining its footing and climbing to a session peak of 60,652.98. ■

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