Japan’s Nikkei 225 Rises to 15-Year High as BOJ Keeps Stimulus
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Japan’s Nikkei 225 Stock Average climbed for a second day to reach a 15-year high after the Bank of Japan maintained its record monetary stimulus.
Energy shares led gains as crude oil rose to the highest level this year. Dentsu Inc. jumped 6.1 percent after the advertising agency’s sales increased. Kawasaki Heavy Industries Ltd. surged 2.5 percent after the Nikkei newspaper said profit this fiscal year will grow by 16 percent. Carmakers declined after UBS AG issued negative reports on Toyota Motor Corp. and Fuji Heavy Industries Ltd.