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Nikkei rallies 1.07%

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Capital Market
The Japanese share market rallied for third straight session on Thursday, 19 November 2015, Wednesday, 18 November 2015, as investors' confidence boosted after minutes from the US Federal Reserve meeting hinted rates will be raised in the world's biggest economy in December. Adding to confidence on trading floors was data showing Japan posted a surprise trade surplus in October, its first positive reading since March. However, stocks gains were limited after the Bank of Japan decided to maintain its current easing program. Every industry category on the main section gained ground, with warehousing, iron and steel and nonferrous metals leading gainers. The Nikkei Stock Average advanced 210.63 points, or 1.07%, to end at 19859.81 points. The broader Topix index has gained 0.87%, or 13.85 points, to 1600.38 at the close.

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First Published: Nov 19 2015 | 3:32 PM IST

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