Business Standard

Nikkei rises 0.9%

Image

Capital Market
The Japan share market finished in positive terrain on Wednesday, 17 August 2016, snapping two sessions of decline, on the back of halt in yen appreciation against greenback after senior US central banker William Dudley suggested an interest rate hike could possibly come as early as next month. Trading was thin with many investors away for Japans week-long, though unofficial, Obon holiday. Total 24 out of 33 TSE sectors advanced, with Mining, Insurance, Iron & Steel, Oil & Coal Products, Banks, and Nonferrous Metals issues being major gainers. The 225-issue Nikkei stock average advanced 149.13 points, or 0.9%, to finish at 16745.64. The Topix index of all first-section issues ended up 12.66 points, or 0.97%, at 1311.13.

Powered by Capital Market - Live News

 

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Aug 17 2016 | 3:36 PM IST

Explore News