Nikkei gains 0.3 percent Japan's Nikkei
225 continued its advance above the 20,000 mark, hitting a new 15-year high of
20,193 points, after closing above that level for the first time in 15 years on
Wednesday.
"The Nikkei has rallied 33 percent in the past six months and
[that] is down to the fact the Bank of Japan (BoJ) and the Abe government are
working on the same page with mass fiscal and monetary policy stimulus,"
Stan Shamu, IG market strategist, wrote in a note. "What looks like taking
the Nikkei higher still is signs the BoJ is considering even more stimulus as
it fails to reach its 2 percent inflation target within the allotted time frame
of two years."
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