Nikkei rises for the first time in three days
Capital Market
Japanese share market advanced for the first time in three consecutive sessions on Thursday, 02 April 2015, as investors chased for value buying after recently oversold stocks, with rail companies and banks were leading the rally. The benchmark Nikkei 225 index advanced 277.95 points, or 1.46%, to finish at 19312.79, while the broader Topix index of all first-section shares grew 25.18 points, or 1.65%, to 1554.17.
Tokyo market commenced trading with firm footing today, shrugging off poor US data that spawned concerns about the health of the world's largest economy, supported by hopes that more pension funds increasing investments into equities. The Nikkei newspaper reported yesterday that the Japan Post Holdings Co., the state-owned mail, banking and insurance giant, will increase investments in riskier assets including equities.
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