Japan's Nikkei posts biggest rise of 2023 as rally eclipses weak yen

Benchmark reaches 80% of all-time high in dollar terms

20230605N Nikkei average June 5

The Nikkei Stock Average closed at a fresh 33-year high Monday after its largest gain so far this year. (Photo by Koji Uema)

KOSUKE IGUCHI, Nikkei staff writer

TOKYO -- The Nikkei Stock Average logged its biggest gain this year on Monday as the Japanese benchmark index's rise in dollar terms continued to draw international investors worried about missing the rally.

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