Mon, 25 Feb 2013 15:38:05 GMT
Japanese shares advance on mounting hopes for more monetary stimulus
Japanese stocks jumped on Monday, sending the Nikkei 225 Stock Average to close at its four year high, as the Yen depreciated after the Prime Minister Shinzo Abe named a candidate for BOJ's governor position that is more likely to be in favour of more monetary stimulus. The Nikkei 225 Stock Average rallied 2.4% to 11,662.52, the highest level