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Japan Nikkei jumps 1.4% on weaker yen, GDP data

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Capital Market
The Japan share market finished higher on Friday, 08 December 2017, as investor sentiment buoyed by positive lead from Wall Street overnight, the yen's weakening against the dollar, and an upward revision to Japan's gross domestic product data for July-September. Gainers were led by land transportation, precision instrument and marine transportation issues. The 225-issue Nikkei average soared 313.05 points, or 1.39%, to close at 22,811.08. The Topix index of all first-section issues finished up 17.48 points, or 0.98%, at 1,803.73. Rising issues overwhelmed falling ones 1,405 to 543 in the TSE's first section, while 99 issues were unchanged. Trading volume grew to 2.005 billion shares from Thursday's 1.528 billion shares. The day's turnover was around 3,746.5 billion yen.

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First Published: Dec 08 2017 | 5:24 PM IST

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