Nikkei closes at 15-years high

Japanese share market managed to close at 15 years high on Thursday, 21 May 2015, as favourable forex moves, better-than-expected growth for the three months to March, and sign of equity buying by big players such as pension funds and other institutional investors rotating cash into shares from other asset classes. The benchmark Nikkei 225 index advanced 6.31 points, or 0.03%, to finish at 201202.87. The broader Topix index of all first-section shares increased 3.40 points, or 0.21%, up at 1646.80, its highest level since November 2007.

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