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Japan Market gains on yen easing

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The share market finished higher after swinging between gains and losses on Monday, 17 October 2016, on the back of positive lead from Wall Street last Friday and the yen's moderate easing against the dollar. However, market topside capped amid a wait-and-see mood before the release of key U. S. economic data this week and earnings from Japanese firms that fully kick off next week.

The 225-issue Nikkei average gained 43.75 points, or 0.26%, to close at 16,900.12. The Topix index of all first-section issues ended up 5.37 points, or 0.4%, at 1,352.56. Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 1841 to 1031 and 410 ended unchanged. The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 0.55% to 19.90.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, October 17 2016. 16:40 IST