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Stocks

Nikkei index hits longest winning streak in 29 years

Overseas investors continue to snap up Japanese stocks

The Nikkei average closed higher for a 13th straight session on Thursday.

TOKYO -- The Nikkei Stock Average climbed for a 13th straight session to a 21-year closing high Thursday, as election polls eased investors' concern about a change in government and foreign funds continued purchasing Japanese shares.

The Nikkei index finished up 0.4% at 21,448.52, the highest since October 1996. The Dow Jones Industrial Average hit a record high Wednesday, and investors are hoping that lofty Japanese stock prices will be backed up by stellar April-September earnings. Companies are to begin reporting their results soon.

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