Japan Stocks rise on positive offshore lead

The Japan share market ended slight higher on Thursday, 26 May 2016, helped by positive cues from global markets overnight and continued gains in oil prices. But gains were marginal as investors were awaiting comments from Federal Reserve Chairwoman Janet Yellen for more indications about whether the central bank would raise rates in near term. She is scheduled to speak at Harvard University on Friday. The 225-issue Nikkei average climbed up 15.11 points, or 0.09%, to close at 16,772.46. The Topix index of all first-section issues ended marginal 0.01 point down at 1,342.87. Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 940 to 877 and 180 ended unchanged. The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 0.08% to 26.19.

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