Japan's Nikkei posts biggest point gain on record for fiscal year
The rally was supported by better corporate governance, foreign buying on a weaker yen and expectations that the Bank of Japan will stick with loose monetary policy.
logged the biggest rise ever on an absolute basis for the ended on Friday, rallying 12,328 points.The index hit successive this quarter, after breaking levels on Feb. 22 that were last seen in 1989 during the nation's bubble economy.
The rally was supported by better corporate governance, foreign buying on a weaker yen and expectations that the of Japan will stick with loose .
Source: Stocks-Markets-Economic Times
