Around the World's Markets: Tokyo

THE BENCHMARK Nikkei index closed higher for the first time in five session, as a recovery in the bond market boosted sentiment in equities. The Nikkei closed up 94.41 points - or 0.68 per cent - at 13,992.49.

March futures added 220 points to close at 14,010.

Yasuo Ueki, general manager at Nikko Securities Co, said: "The surge in bond prices relieved the market after their tumble kept pulling down the Nikkei average last week."