Yen weak in lower 149 zone vs. dollar, near 32-year low

The yen traded narrowly near a new 32-year low in the lower 149 range against the U.S. dollar on Wednesday in Tokyo, with investors remaining vigilant over a possible yen-buying intervention by Japanese monetary authorities.

Tokyo stocks ended higher on hopes that the technology-heavy Nasdaq index will rise later in the day after U.S. streaming service company Netflix Inc. announced an increase in its international subscribers.

The 225-issue Nikkei Stock Average ended up 101.24 points, or 0.37 percent, from Tuesday at 27,257.38. The broader Topix index finished 3.62 points, or 0.19 percent, higher at 1,905.06.

On the top-tier Prime Market, gainers were led by electric power and gas, information and technology, and real estate issues.

© Kyodo News