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Japan Nikkei hits 26-year peak

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Capital Market
The Japan share market finished session at its highest level in more than 26 years on Tuesday, 16 January 2018, as the yen's depreciation against the U.S. dollar lifted exporters issues and raised hopes for earnings results. Most of TSE 33 sectors inclined, with shares of electric appliance, information and communication, and transportation equipment-linked issues being notable gainers. The 225-issue Nikkei Stock Average added 236.93 points, or 1%, to 23,951.81, marking its highest closing level since Nov. 15, 1991. The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, gained 10.35 points, or 0.55%, to finish at 1,894.25.

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First Published: Jan 16 2018 | 5:39 PM IST

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