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Nikkei nears 2-year high

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Capital Market
The Japan share market finished session near two-year peak on Thursday, 29 June 2017, on tracking rally in the Wall Street overnight, with exporters and financials being major gains, thanks to the yen's retreat against the U.S. dollar and rally in US financial peers after Federal Reserve ratified plans from US banks to use extra capital for stock buybacks and dividends. The 225-issue Nikkei Stock Average added 0.45%, or 89.89 points, to 20,220.30. The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, gained 0.60%, or 9.70 points, to 1,624.07.

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First Published: Jun 29 2017 | 5:26 PM IST

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