Nikkei hits fresh one-year high as yen plunges

Last Updated : Dec 15 2016 | 3:28 PM IST

The Japan share market closed higher on Thursday, 15 December 2016, bucking the regional market trend, thanks to yen depreciation to upper 117 level against greenback after the Federal Reserve raised its benchmark short-term interest rate and hinted there would be more next year. 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 as yen plunges