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Tokyo shares bounce after BOJ policy meeting

TOKYO
2016-09-21 15:08

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Tokyo shares bounced Wednesday after the Bank of Japan announced its decision to modify the framework of its bond-buying program to guide long-term rate at around 0 percent.

The 225-issue Nikkei Stock Average ended up 315.47 points, or 1. 91 percent, from Tuesday at 16,807.62.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 35.70 points, or 2.71 percent, higher at 1,352.67.

Every industry category on the main section gained ground, led by banking, insurance and securities house issues. The day's turnover was about 2,715.2 billion yen (around 26.73 billion U.S. dollars).

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