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Japan Market extends gain on yen easing

Capital Market 

The share market inclined for third consecutive session on Wednesday, 19 October 2016, on the back of Chinese economic data that confirmed the economy had stabilized. Sentiment was also buoyed by Wall Street advancing overnight on solid corporate earnings.

Total 21 out of 33 TSE sectoral issues advanced, with Fishery, Agriculture & Forestry, Retail Trade, Real Estate, and Securities & Commodities Futures issues being major gainers, whereas Mining, Insurance, Marine Transportation, and Nonferrous Metals issues being major losers. The 225-issue Nikkei average gained 35.30 points, or 0.21%, to close at 16,998.91. The Topix index of all first-section issues ended up 0.63 points, or 0.05%, at 1,357.20.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, October 19 2016. 18:09 IST