Nikkei hits 3-week high


FE Team | Published: April 03, 2014 00:00:00 | Updated: November 30, 2026 06:01:00



TOKYO, Apr 2 (Reuters): Japan's Nikkei share average rose to a fresh three-week high on Wednesday as sentiment was helped by a weakening yen, while Renesas Electronics Corp jumped on news that it is in talks with Apple Inc and other potential buyers to buy its stake in a smartphone display chip unit.
Renesas soared as much as 19 per cent to 934 yen - its highest since March 2011 - before ending up 6.0 per cent.
Renesas is considering selling its 55 per cent stake in Renesas SP Driver which makes semiconductors that control displays, sources said.
The Nikkei ended up 1.0 per cent at 14,946.32, the highest closing level since March 11.

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