Nikkei extends gain on upbeat offshore lead

The Japanese share market ended higher on Thursday, 01 October 2015, as appetite for risk assets bolstered by positive lead from Wall Street overnight, relatively solid Chinese economic data and yen depreciation against greenback. Meanwhile, sentiments boosted up on expectations the BOJ will ease monetary policy during its October meetings after weaker than expected Bank of Japan's quarterly tankan business sentiment survey data. Total 31 out of 33 first-section sector sub-indexes added strength, with Real Estate, Financial Business, Precision Instruments, Electric Appliances, Machinery, Transportation Equipment, and Iron & Steel issues being major gainers. The Nikkei Stock Average ascended 334.27 points, or 1.92%, to end at 17722.42 points, meanwhile the broader Topix index climbed up 2.24%, or 31.58 points, to 1442.74 at the close.

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