Nikkei extends gain on U.S. rally

Japanese share market rallied for second straight day on Thursday, 27 August 2015, as risk sentiments bolstered by tracking rally on the US markets overnight and yen weakness resumption against major currency baskets after hints the US Federal Reserve would not raise interest rates next month. Total of 29 out of 33 TSE industry groups advanced, with shares of foods, construction & materials, financials, banks, IT & services, real estate, and retail trade companies being biggest gainers. The Nikkei Stock Average advanced 197.61 points, or 1.08%, to end at 18574.44 points, extending yesterday 3.2% gains. The broader Topix index ended up 1.45%, or 21.44 points at 1500.41.

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