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Japan shares rally to seven-year high

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Capital Market
Japanese share market advanced to their highest settlement in more than seven years on Thursday, 12 February 2015, on the back of greenback strength against the yen and generally sound corporate earnings results. Also helping support the sentiment was a more-than-expected rise in Japan's core machinery orders in December. The Nikkei Stock Average rose 327.04 points, or 1.9%, to 17979.72, its highest closing level since July 2007. The broader Topix also advanced 21.67 points, or 1.52%, to 1449.39. Japanese markets were closed on Wednesday for a national holiday.

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First Published: Feb 12 2015 | 5:45 PM IST

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