Nikkei rises 0.8 percent
Japan's benchmark Nikkei 225 cheered
the encouraging GDP print by climbing to a nearly four-week high of 20,176. The
Tokyo bourse hurled itself over the 20,000 mark on Tuesday for the first time
in nearly three weeks.
Gainers were led by financials and consumer-related plays. Food company
Nisshin Group topped the leaderboard with a rise of 5.05 percent, while
cosmetics brand Shiseido surged 4.9 percent.Major banks such as Sumitomo Mitsui
Financial Group and Resona Holdings rose 2.6 and 1.8 percent, respectively,
while Nomura Holdings charged up 1.7 percent.
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