Nikkei surges 1.25%

Japanese share market advanced for second straight session on Monday, 11 May 2015, boosted by a positive lead from the U.S. markets, firmer US dollar, and upbeat earnings expectations. The benchmark Nikkei 225 index advanced 241.72 points, or 1.25%, to finish at 19620.91. The broader Topix index of all first-section shares ended higher 10.57 points, or 0.67%, up at 1608.67.

Total of 30 out of 33 TSE sectors ended higher, with shares of Oil & Coal Products, Wholesale Trade, Warehousing & Harbor Transportation Services, Nonferrous Metals, Securities & Commodities Futures, and Fishery, Agriculture & Forestry issues being major gainers. Bucking the uptrend- Precision Instruments, Insurance, and Banks issues posted modest losses.

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