Nikkei soars after surprise BOJ easing; real estate stocks outperform

viernes 29 de enero de 2016 03:09 GYT

* Topix's volume 90 pct more than average

* Topix's turnover about 75 pct higher than average

* Real estate stocks beneficiaries of lower rates

* Market assesses impact on banks

By Ayai Tomisawa

TOKYO, Jan 29 (Reuters) - Japan's Nikkei share average soared to more than a two-week high on Friday after the Bank Of Japan unexpectedly eased monetary policy further by introducing a negative interest rate policy.

The Nikkei ended 2.8 percent higher to 17,518.30, the highest closing level since Jan. 13. Earlier, it dipped into negative territory at one point as investors digested the implications of the new policy for the banking sector.

For the week, the benchmark index rose 3.3 percent, while it fell 7.96 percent for the month, the biggest monthly drop since last August.

On the broader market, 4.125 billion shares changed hands on the Tokyo Stock Exchange's First Section, 90 percent more than the daily average of around 2.2 billion shares.   Continuación...