Nikkei marks 21­yr high, catches lift from Wall St

Hindustan Times (Delhi) - - FRONT PAGE -

TOKYO: Ja­pan’s Nikkei share av­er­age scaled its lofti­est peak in more than two decades on Thurs­day, hoisted by records on Wall Street and un­der­pinned by me­dia fore­casts that the rul­ing party bloc was headed for a win in elec­tions later this month. The Nikkei ended up 0.4% at 20,954.72, af­ter ear­lier ris­ing as high as 20,994.40, its high­est since De­cem­ber, 1996. The broader Topix was 0.2% higher at 1,700.13, af­ter touch­ing 1,703.67, its high­est since July 2007. Ma­jor stock in­dexes on Wall Street on Wed­nes­day fin­ished at record clos­ing highs, bol­stered by a re­port that a mar­ket-friendly can­di­date was be­ing pushed as suc­ces­sor to Fed­eral Re­serve chair­man Janet Yellen.

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