Japan TOPIX hits 26-years high

The Japan share market finished session higher on Wednesday, 20 December 2017, thanks to yen depreciation against the greenback which prompted investors to buy export-oriented issues, meanwhile bank shares boosted by hopes for higher US interest rates. The 225-issue Nikkei average rose 23.72 points, or 0.10%, to end at 22,891.72. The Topix index of all first-section issues closed up 5.98 points, or 0.33%, at 1,821.16, the highest finish since 14 November 1991. Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 1712 to 1617 and 251 ended unchanged. The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 1.30% to 14.42.

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