Nikkei hits fresh one-year high

Last Updated : Dec 14 2016 | 9:13 AM IST

The Japan share market closed at fresh one-year high after erasing early losses on Tuesday, 13 December 2016, thanks to investors' strong buying appetite on bets that the Federal Reserve will raise rates this week and provide a steer on future monetary policy in the wake of Republican Donald Trump's election win last month. The 225-issue Nikkei average rose 95.49 points, or 0.50 percent, to end at 19,250.52, marking its highest closing level since Dec. 17, 2015. The Topix index of all first-section issues finished up 8.82 points, or 0.58 percent, at 1,540.25.

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Nikkei hits fresh one-year high