Nikkei extends gain on softer yen

The Japan share market inclined for second straight session on Friday, 11 November 2016, supported by yen depreciation to mid 106-level against greenback and hopes Trump administration will boost spending and spur U.S. economic growth. 18 out of 33 TSE industry categories closed in positive territory, led by Insurance, Banks, Nonferrous Metals, Securities & Commodities Futures, and Iron & Steel stocks, while Information & Communication, Fishery, Agriculture & Forestry, Retail Trade, and Electric Power & Gas were notable losers. The 225-issue Nikkei Stock Average rose 30.37 points, or 0.18%, to 17,374.79, while the broader Topix index of all First Section issues on the Tokyo Stock Exchange jumped 1.93 points, or 0.14%, to end at 1,378.28.

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