Japanese Stocks Higher on BoJ Pause Ahead of Fed

Japan market summary for Wednesday (Oct. 31)
Nikkei 225 Stock Average: +86.62 (+0.5%) to 16,737.63
Nikkei 225 futures Osaka: +40 (+0.2%) to 16,710, Singapore (SGX) +25 (+0.15%) to 16,705, Chicago (CME) *10/30 -110 (-0.7%) to 16,645
TOPIX: +12.86 (+0.8%) to 1,620.07; Advancers 1,189 x decliners 452 (unch. 82), New highs 14 x new lows 34
Nikkei Jasdaq: +4.54 (+0.2%) to 1,864.71
Yen:weakened 0.3% to 115 level against US$ late in Tokyo; weakened 0.5% to 166.05 level against euro
Notes:MOTHERS -1.4%, HERCULES +0.5%; The Bank of Japan held rates at 0.5% as widely expected. TOPIX extends rally to 4th day. Mitsubishi UFJ FG (JP: 8306) (ADR: MTU) up 2.5% to Y1,139 on news of stock buyback, leads financial sector higher. No question there was some “window dressing” in the last session of October. Happy Halloween!