Nikkei ups 0.6% as yen pause

The Japan share market finished higher on Wednesday, 24 August 2016, recouping just enough to yesterday losses, thanks to buybacks of large-cap mainstay issues that reflected a pause in the yen's advance against the dollar. The 225-issue Nikkei stock average advanced 99.94 points, or 0.61 percent, to end at 16597.30 on the Tokyo Stock Exchange. The Topix index of all first-section issues grew 9.15 points, or 0.71 percent, to close at 1306.71. Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 1287 to 617 and 153 ended unchanged. The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 1.16% to 22.59.

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