Nikkei surges 5.9% on policy easing bet

Japan share market rebounded strongly on Friday, 22 January 2016, amid resumption of risk appetite buying after the European Central Bank's hints of further stimulus and a strong rally for oil prices. Tokyo stocks were also supported by yen depreciation against the basket of major currencies. All of the 33 Topix industry groups rose, led by mining, developers, oil explorers, iron and steel, and harbor transporters. The benchmark Nikkei 225 index surged 5.9%, or 941.27 points, to 16958.53. The Topix index of all Tokyo Stock Exchange First Section issues grew 72.70 points, or 5.59%, to 1374.19

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