Nikkei rises to more than 1-week high after Wall St surges

domingo 24 de enero de 2016 22:28 GYT

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By Ayai Tomisawa

TOKYO, Jan 25 (Reuters) - Japan's Nikkei share average rose to a more than a one-week high on Monday, helped by a sharp rebound in oil prices which boosted markets globally.

But after the Nikkei share average posted the biggest single-day gain in more than four months on Friday, trading was choppy, which sent the benchmark index into negative territory earlier.

After recovering from the dip, the Nikkei gained 1.3 percent to 17,173.46 points, the highest level since Jan. 15.

Oil prices surged 10 percent on Friday, one of the biggest daily rallies ever, and clung on to the gains in Asia on Monday.

Meanwhile, investors are focused on the U.S. Federal Reserve and Bank of Japan meetings this week.   Continuación...