Japanese Nikkei index rose more than 7%

US, WASHINGTON (ORDO NEWS) — The Japanese Nikkei index rose more than 7% on Tuesday, showing the highest one-day rise in more than four years, thanks to hopes for a massive buyout of assets by the Bank of Japan and state pension funds.

Nikkei grew by 7.1%, the maximum since February 2016, to 18.092.35 points, the peak at the time of closing for one and a half weeks.

The broader Topix climbed 3.2% to 1.333.10 points.

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