Nikkei closes higher

Japan share market closed sharply higher in seesaw trade on Friday, 29 January 2016, as investor sentiment was bolstered by the US shares closing higher overnight and yen depreciation to mid-120 level against greenback after the Bank of Japan's latest economic stimulus measure. Japan's central bank introduced negative interest rates to spark inflation. Barring banks, all TSE sectors advanced, with realty & construction, brokerage houses, miners, and foods-linked issues being major gainers. The benchmark Nikkei 225 index surged 2.8%, or 476.85 points, to 17518.30. The Topix index of all Tokyo Stock Exchange First Section issues spurted 39.97 points, or 2.87%, to 1432.07.

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