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Nikkei vaults to nearly five-year high as yen softens after G20

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(Globalpost/GlobalPost)

TOKYO (Reuters) - The Nikkei average climbed to a near five-year high on Monday, with exporters taking the lead as the yen softened broadly after the Group of 20 nations stopped short of criticising Japan's radical monetary expansionary policies.

The Nikkei <.N225> rose 1.9 percent to 13,562.78 after trading as high as 13,577.81, its highest since July 2008, while the broader Topix <.TOPX> index advanced 1.9 percent to 1,148.02.

(Reporting by Dominic Lau)

http://www.globalpost.com/dispatch/news/thomson-reuters/130421/nikkei-vaults-nearly-five-year-high-yen-softens-after-g20