Japanese stocks jumped 2 per cent on Wednesday for the second straight day of rise as export-linked issues got a boost amid a halt in the yen’s appreciation.

The benchmark Nikkei 225 Stock Average gained 309.17 points, or 2.02 per cent, to end at 15,587.8, ahead of a closely-watched decision of the US Federal Reserve on monetary policy later in the day.

The broader-based Topix index was up 18.18 points, or 1.48 per cent, at 1,250.49.

On currency markets at 3 pm (0600 GMT), the dollar traded at 102.97—103.02 yen, little changed from Tuesday’s 5 pm quote of 102.95-96 yen.

The euro was quoted at 141.84-85 yen, almost flat from 141.84-88 yen late Tuesday and at $1.3772-3773, down slightly from $1.3777-3778.

comment COMMENT NOW