RTRS: Nikkei hits 7-mth closing high on bargain hunting
TOKYO, Dec 21 (Reuters) - Japan's Nikkei average hit a
seven-month closing high on Tuesday in holiday-thin trade, as a
rebound in Chinese equities encouraged investors to buy on dips.
Investors shrugged off a slightly stronger yen against the
dollar and aggressively added blue-chip exporters.
Comments from a Chinese vice premier that China supports
efforts by the EU to calm global markets in the wake of Europe's
debt crisis lent further support, bolstering the euro-sensitive
precision machinery sector. Canon Inc (7751.T) rose 1.6 percent.
The benchmark Nikkei .N225 gained 1.5 percent or 154.12
points to 10,370.53, while the broader Topix .TOPX rose 0.9
percent to 906.21.
(Reporting by Antoni Slodkowski; Editing by Chris Gallagher)
