Nikkei rallies on yen depreciation, offshore lead

The Japanese share market finished the session higher on Thursday, 17 September 2015, following rally on the offshore markets overnight, brushing off disappointing trade data and Standard & Poor's Japan's long-term credit rating cut. The increment was underpinned on yen depreciation against greenback and calming fears of the Federal Reserve interest rates hike after sluggish U.S. inflation data. Total 30 out of Topix's 33 industry groups ended higher, with Securities & Commodities Futures, Iron & Steel, Information & Communication, Other Financial Business, Electric Appliances, and Mining issues led gainers. The Nikkei Stock Average advanced 260.67 points, or 1.43%, to end at 18432.27 points. The broader Topix index jumped 1.31%, or 19.31 points, to 1491.91 at the close in Tokyo.

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