Nikkei index nears 11,000Comment on this story
Japan's benchmark Nikkei 225 Stock Average closed Friday at its highest level in two years and nine months after rising nearly 3
per cent as the yen weakened and monetary easing was expected from the Bank of Japan.
The Nikkei jumped 303.66 points, or 2.86 per cent, to 10,913.3.
The broader-based Topix index was up 20.98 points, or 2.36 per cent, to close at 911.44.
The Bank of Japan is to begin a two-day meeting Monday. The government and central bank plan to make a joint statement on fighting deflation, which has plagued the world's third-largest economy for a decade.
Prime Minister Shinzo Abe's new conservative government wants the Bank of Japan to set an inflation target of 2 per cent. - Sapa-dpa