Japan stocks surge

Tokyo, Jan 22 (IANS) Tokyo shares rebounded from a 15-month low hit in the previous day and sky rocketed nearly six percent on Friday as investors’ sentiment was boosted by a rise in oil prices and dovish remarks by the European Central banker.

The 225-issue Nikkei Stock Average surged 941.27 points, or 5.88 percent, from Thursday at 16,958.53, Xinhua reported.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange jumped 72.70 points, or 5.59 percent, higher at 1,374.19.

All issues on the main board gained ground with mining, warehousing and harbour transportation services, as well as real estate issues leading the gains.

The day’s turnover was about 2,819.4 billion yen ($23.91 billion).

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