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Nikkei hits 6-month high

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Capital Market
The Japan share market closed at a six-month high on Tuesday, 25 October 2016, on the back of positive lead from offshore market overnight. Meanwhile Kyushu Railway Co.'s strong debut on the First Section of the Tokyo Stock Exchange lifted investor sentiment. Total 26 out of 33 TSE sectoral issues advanced, with Transportation Equipment, Financial Business, Banks, Rubber Products, and Electric Power & Gas issues being major gainers, whereas Mining, Iron & Steel, and Marine Transportation issues being major losers. The 225-issue Nikkei average gained 130.83 points, or 0.76%, to close at 17365.25. The Topix index of all first-section issues finished 9.71 points, or 0.71%, higher at 1,377.32.

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First Published: Oct 25 2016 | 5:09 PM IST

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