Nikkei sees biggest daily gain in weeks on Fed confidence

Japanese stocks enjoyed their best day in more than six weeks on Thursday after the US Federal Reserve expressed confidence in the economy and promised a "patient" approach to raising interest rates, boosting Wall Street shares.

The Nikkei benchmark climbed 2.3 per cent to 17,210.05, its biggest daily jump since November 4th.

Exporters Toyota and Canon climbed 1.5 per cent and 1.7 per cent respectively, benefitting from a weaker yen.

The broader Topix gained 1.8 per cent to close at 1,376.32, while the JPX-Nikkei Index 400 also added 1.8 per cent to 12,482.00.

Reuters