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Nikkei rises to highest level in more than a month

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Capital Market
The Japan share market closed higher for second straight session on Tuesday, 12 September 2017, as investors sentiment boosted up by an encouraging performance from US stocks overnight, which posted their second best gains of 2017. Initial reports suggesting the damage from Hurricane Irma will perhaps not be as devastating as first thought and yen weakening against greenback also contributed to firmer shares. The benchmark Nikkei 225 index closed up 1.18 %, or 230.85 points, at 19,776.62, the highest since August 8, while the broader Topix index ended the session up 0.94 %, or 15.19 points, at 1,627.45. Rising issues far outnumbered falling ones 1,503 to 447 in the first section, while 76 issues were unchanged. Volume rose to 1.654 billion shares from Monday's 1.498 billion.

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First Published: Sep 12 2017 | 5:31 PM IST

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