Topix Index: Asset Purchases and Market Gauge

topix index: On Wednesday, the key market gauge rose 11.08 points. ; The Topix index of all first-section issues ended up 0.82 point, or 0.05 percent, at 1,668.74, also the highest close since Aug. 18, 2015, according to The Japan Times. It gained 0.04 point the previous day. The 225-issue Nikkei average advanced 37.02 points, or 0.18 percent, to close at 20,347.48, its best finish since Aug. 18, 2015. Both indexes extended their winning streaks to a fourth session. The dollar's firmness came after the Fed decided at its two-day Federal Open Market Committee meeting through Wednesday to shrink its asset purchases starting next month and maintain its forecast for another interest rate hike by the end of the year, brokers said. Stocks attracted hefty purchases in the morning session, with investor sentiment lifted by the dollar's first rise above 112 in almost two months. (news.financializer.com). As reported in the news.

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