market gauge: On Wednesday, the key market gauge retreated 94.68 points, according to The Japan Times. The Topix index of all first-section issues finished up 9.70 points, or 0.60 percent, at 1,624.07, to log its highest finish since Aug. 19, 2015, after losing 4.65 points the previous day. The 225-issue Nikkei average climbed 89.89 points, or 0.45 percent, to close at 20,220.30. Investors took heart from Wednesday's rebound in the U.S. stock market, where financial issues gained ground on the back of higher long-term interest rates. A drop in the yen against the dollar also helped lift Tokyo stocks, brokers said. Japanese mega-bank groups and other financial issues followed suit, pushing up the overall Tokyo market, brokers said.
(news.financializer.com). As
reported in the news.
Tagged under market gauge, tokyo stocks topics.