In Japan, the Chips Are Up as Nikkei Surges Past 20000

April 22, 2015 7:48 AM

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Tokyo stocks are at their highest level in 15 years, driven in part by a rally in lesser-known companies

TOKYO—The Nikkei Stock Average closed above 20000 Wednesday for the first time since 2000, the result of a rally this year driven not only by international exporters but also by lesser-known companies selling staples domestically.

Also read: Bank of Japan’s $50 Billion Question: When to Stop Buying Stocks

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