Nikkei rises to fresh one-year high

The Japan share market inclined to a one-year high on Monday, 12 December 2016, on tracking strong lead from Wall Street Friday and yen depreciation to upper 115 level against greenback triggered by bets that the Federal Reserve will raise rates this week. The Nikkei Stock Average rose 158.66 points, or 0.8%, to 19155.03, the highest level since December 17, 2015. The Topix index of all first-section issues finished up 6.07 points, or 0.4%, at 1,531.43.

Total 19 out of 33 TSE industry category on the main section gained ground, with Foods, Fishery, Agriculture & Forestry, Services, Retail Trade, Pharmaceutical, Land Transportation, and Electric Power & Gas issues being major gainers. On the downside, Marine Transportation, Securities & Commodities Futures, Iron & Steel, Nonferrous Metals, and Banks issues were notable losers.

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