TOKYO (Reuters) - Japanese stocks rose to a two-week high on Monday thanks to a weaker yen, while Sharp Corp (T:6753) jumped on expectations it may finally sign a long-delayed takeover deal with its Taiwanese suitor.
The Nikkei (N225) gained 0.8 percent to 17,134.37, the highest closing level since March 14.
As March 31 is the business year-end for a majority of listed companies, the market was also underpinned by investor purchases of stocks before they go ex-dividend on Monday.
The broader Topix (TOPX) rose 1.2 percent to 1,381.85 and the JPX-Nikkei Index 400 (JPXNK400) gained 1.2 percent to 12,482.88.