Nikkei surges on weaker yen, buyers seek dividends

Japanese stocks edged higher Friday as a weaker yen raised sentiment, while investors bought stocks with high dividend yields such as life insurers before companies go ex-dividend next week.

The Nikkei share average rose 0.7 percent to 17,002.75. It gained 1.7 percent for the week.

The broader Topix rose 0.8 percent to 1,366.05 and the JPX-Nikkei Index 400 climbed 1.0 percent to 12,338.78.

Source: Reuters