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Nikkei surges 2.6% from two-month trough

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The Japanese share market rebounded from two-month low on Wednesday, 16 December 2015, taking cues from a strong finish on Wall Street overnight ahead of a key Federal Reserve meeting expected to see a long-awaited interest rate rise. All TSE industry groups, except Air Transportation advanced, with the day's notable gainers comprised Securities & Commodities Futures, Banks, Insurance, Transportation Equipment, Information & Communication, and Other Financial Business issues. The 225-issue Nikkei Stock Average advanced 484.01 points, or 2.61%, to 19049.91. The Topix index of all Tokyo Stock Exchange First Section issues jumped 38.17 points, or 2.54%, to 1540.72.

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First Published: Dec 16 2015 | 1:28 PM IST

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