Business Standard

Japan Nikkei gains 1.55% on bargain hunting

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Capital Market
The Japan share market finished session higher for first time in five consecutive sessions on Monday, 18 December 2017, on taking a positive lead from record highs on Wall Street last Friday amid hopes for the passage of a key U.S. tax reform bill. Investors were also buying on dips following four days of decline. The majority of industry categories in the main section closed in positive territory, with insurance, bank and electric appliance-oriented issues comprising those that led gainers. The Nikkei 225 index rose 1.55%, or 348.55 points, to close at 22,901.77. The broader Topix index was up 1.36%, or 24.43 points, at 1,817.90.

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First Published: Dec 18 2017 | 5:40 PM IST

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