Nikkei rises to fresh three-month high

The Japanese share market registered fourth day of consecutive gain and closing at highest level since late August on Friday, 20 November 2015, as last minute bargain-hunting erased earlier losses. The benchmark bourse dropped as much as 0.73% in intraday trading before recovering into positive territory shortly before the close. The day's notable gainers comprised Chemicals, Services, Retail Trade, and Pharmaceutical issues, while Marine Transportation, Rubber Products, Securities & Commodities Futures, and Transportation Equipment issues were among major losers. The Nikkei 225 index at the Tokyo Stock Exchange gained 0.10%, or 20.00 points, to 19,879.81, its highest close since Aug. 20, while the wider Topix index of all first-section shares finished up 0.17%, or 2.80 points, at 1,603.18.

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