Nikkei rises 1.7 pct on exporters as Cyprus, EU reach rescue deal

TOKYO, Mar 25: Japan’s Nikkei share average rose 1.7 percent on Monday, recovering most of its declines late last week, as Cyprus and the European Union agreed to a plan to resolve the island’s financial crisis.
The Nikkei rose 207.93 points to 12,546.46 after dropping 2.4 percent on Friday. The broader Topix gained 0.8 percent on Monday to 1,047.29.
(AGENCIES)