Nikkei surges to 2-months high

The Japan share market surged on Thursday, 21 April 2016, buoyed by positive lead from Wall Street overnight, yen weakening against greenback, and speculation of additional Bank of Japan asset purchases next week. Meanwhile, gains in crude oil prices and easing of fears about ripples from the Kumamoto earthquakes also helped the market. Most industry sectors were higher, All industry categories on the main section advanced, with mining, real estate and insurance sectors being major gainers. The 225-issue Nikkei average gained 457.08 points, or 2.7%, to close at 17363.62. The Topix index of all first-section issues ended up 27.90 points, or 2.04%, at 1393.68.

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