SYDNEY: Japanese stocks drifted near their more than three-month highs on Thursday on signs of an economic rebound from a coronavirus-led slump and a weakening yen, with the rally losing steam as investors locked in profits.
The benchmark Nikkei average gained a marginally 0.08% to 22,631.01 by the midday break, after touching its highest intraday level since Feb. 25 and then seesawed between gains and losses in morning trade.
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