Nikkei rises to 2-week high on weak yen; Sharp soars
TOKYO, March 28 (Reuters) - Japanese stocks rose to a two-week high on Monday thanks to a weaker yen, while Sharp Corp jumped on expectations it may finally sign a long-delayed takeover deal with its Taiwanese suitor.
The Nikkei gained 0.8 percent to 17,134.37, the highest closing level since March 14.
As March 31 is the business year-end for a majority of listed companies, the market was also underpinned by investor purchases of stocks before they go ex-dividend on Monday.
The broader Topix rose 1.2 percent to 1,381.85 and the JPX-Nikkei Index 400 gained 1.2 percent to 12,482.88. (Reporting by Ayai Tomisawa; Editing by Simon Cameron-Moore)
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