Nikkei crosses to 20,000-point threshold

Capital Market 

The Japan share market closed at the highest closing level in over two years on Tuesday, 19 September 2017, bolstered by record highs on Wall Street overnight ahead of a Federal Reserve meeting, dollar's strength against the yen, and the prospect of a snap election in Japan. Most of TSE sectors inclined, with insurance, marine transportation and bank-related issues comprised those that gained the most by the close of play. The 225 index rose 1.96%, or 389.88 points, to end at 20,299.38, its highest since August 2015. The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, gained 28.94 points, or 1.77%, to finish at 1,667.88. The Tokyo market was closed Monday for Respect for the Ages Day.

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First Published: Tue, September 19 2017. 16:38 IST