interest rates: Wednesday, the key market gauge dropped 59.74 points. ; The Topix index of all first-section issues closed up 8.23 points, or 0.51 percent, at 1,620.28, after falling 10.92 points the previous day, according to The Japan Times. Buying of companies with strong earnings supported the market, brokers said. The 225-issue Nikkei average gained 107.58 points, or 0.48 percent, to 22,307.58, its highest finish since Dec. 3. The central bank's decision to keep both short- and long-term interest rates extremely low until at least around spring 2020 also served as a tailwind for Japanese shares, they said. The decision pushed up domestic demand-oriented names, said Masahiro Ichikawa, senior strategist at Sumitomo Mitsui DS Asset Management Co. The BOJ's decision prompted short covering, said Hiroaki Kuramochi, chief market analyst at Saxo Bank Securities Ltd.
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