Nikkei extends gain for seventh straight session

Japanese share market advanced for a seventh straight session on Tuesday, 19 August 2014, on optimism that there was progress in solving the Ukraine tensions. The benchmark Nikkei 225 index advanced 4127.19 points to close at 15449.79, while the Topix index added 9.03 points to 1280.29.

The Japanese market has rebounded 13% from this year's low on April 14 amid optimism about the global economy and speculation Japan's $1.2 trillion Government Pension Investment Fund will buy more domestic shares. Individual investors bought a net 451 billion yen ($4.4 billion) of Japanese equities in the week through Aug. 8, the most since the period ended April 11, according to data from the Tokyo Stock Exchange.

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