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Nikkei surges 1.94%

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Capital Market
Japan share market finished the session higher for the first time in five consecutive sessions on Tuesday, 22 March 2016, as investors chased for value buying across the board on the back of yen descent against the dollar and stabilizing oil prices. All TSE sectoral indices advanced, exception being mining issues, with miscellaneous product, precision instrument, and pharmaceutical-linked issues comprising notable advancers. The 225-issue Nikkei Stock Average ended up 323.74 points, or 1.94%, from Friday at 17,048.55. The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 24.88 points, or 1.85%, higher at 1,369.93. The Tokyo stock market was closed on Monday for a national holiday.

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First Published: Mar 22 2016 | 10:49 PM IST

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