Money and business

Japanese stock index hits a new peak

Tokyo, May 27 / WAM / The Japanese Nikkei index rose to a record level today, supported by the gains achieved by shares of major companies related to electronic chips, which offset losses in the financial sector and other value stocks.

The Nikkei index rose 1.25 percent to 65,811.78 points, after jumping by about 2.2 percent earlier in the session to record its highest record level ever during trading at 66,428.81 points. The broader Topix index rose 0.15 percent to…

3944.19 points.

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