Japan’s Topix Jumps Most in 5 Months as BOJ Boosts Loans
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Japanese stocks rose, with the Topix index surging the most in more than five months, as the yen tumbled after the central bank doubled a growth funding facility while keeping its asset-purchase program unchanged.
The Topix index jumped 2.7 percent to 1,224 at the close in Tokyo, the steepest daily advance since Sept. 3. The Nikkei 225 Stock Average climbed 3.1 percent to 14,843.24 as the yen slid 0.7 percent against the dollar.