This was the first time the Nikkei had closed above 15,000 since 27 November last year. "It's a combination of themes - restructuring, a lower yen and lower interest rates - that have made the market start to look very interesting," said one analyst.
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SONY LED Japanese stocks higher after it announced details of a major restructuring initiative. The electronics giant closed up by almost 9 per cent, helping to take the Nikkei 225 stock index up by 317.65 points to 15,096.70.