Nikkei bounces on yen depreciation, upbeat offshore lead
Capital Market The Japan share market closed session in positive territory on Tuesday, 06 December 2016, bouncing back from Monday's losses as investors follow the lead in European and US markets overnight. Meanwhile, yen depreciation to lower 114-level against greenback also added strength to benchmark indices. Total 25 out of 33 TSE industry category on the main section gained ground, with Marine Transportation, Iron & Steel, Nonferrous Metals, Securities & Commodities Futures, Electric Power & Gas, and Insurance issues being major gainers. The 225-issue Nikkei average inclined 85.55 points, or 0.47%, to close at 18,360.54. The Topix index of all first-section issues finished up 10.24 points, or 0.7%, at 1,477.20.
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