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Nikkei rises to two-month high

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Capital Market
The Japanese share market advanced to highest level in two months on Friday, 30 October 2015, supported by reports that the government is considering a budget of over 3 trillion yen even as the Bank of Japan kept its policy unchanged. Total 29 out of 33 TSE first-section sector sub-indexes ended higher, with Air Transportation, Pharmaceutical, Precision Instruments, Metal Products, Services, Land Transportation and Pulp & Paper issues being major gainers. The Nikkei Stock Average advanced 147.39 points, or 0.78%, to end at 19083.10 points, the highest close since Aug 28. The broader Topix index has gained 0.72%, or 11.09 points, to 1558.20 at the close. For the week, the Nikkei 225 index rose 1.4%, while it jumped 9.7% for the month, the best monthly gain in two years.

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First Published: Oct 30 2015 | 3:53 PM IST

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