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Nikkei surges after ECB hints more stimulus

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Capital Market
The Japanese share market soared on Friday, 23 October 2015, amid improved risk appetite, after the European Central Bank hinted at further economic stimulus measures in December. All 33 TSE first-section sector sub-indexes ended up, with Foods, Real Estate, Securities & Commodities Futures, Insurance, Rubber Products, Marine Transportation, and Machinery issues being major gainers. The Nikkei Stock Average added 75347.13 points, or 1.91%, to end at 18554.28 points, its highest level since August 31, meanwhile the broader Topix index added 1.95%, or 29.62 points, to 1547.84 at the close.

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First Published: Oct 23 2015 | 12:54 PM IST

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