Nikkei, TOPIX Climb on Fed Rate Cut, U.S. Rally

Japan market summary for Thursday (Nov. 1)
Nikkei 225 Stock Average: +132.77 (+0.8%) to 16,870.40
Nikkei 225 futures Osaka: +200 (+1.2%) to 16,910, Singapore (SGX) +210 (+1.3%) to 16,915, Chicago (CME) *10/31 +210 (+1.3%) to 16,855
TOPIX: +15.71 (+1.0%) to 1,635.78; Advancers 1,046 x decliners 581 (unch. 95), New highs 30 x new lows 17
Nikkei Jasdaq: -6.75 (-0.4%) to 1,857.96
Yen: weakened 0.5% against the US$ to the 115.65 level late in Tokyo; weakened 0.6% against the euro to the 167 level
Notes: MOTHERS and HERCULES both traded lower, -1.4% and -1.9%, respectively. The BoJ held earlier at 0.5%, while the Fed cut by a quarter percent, both widely expected moves. U.S. stocks rallied, fueling a rally in Japanese equities. Better than expected U.S. GDP was also well received by the market. The Nikkei reached a two-week high, while the TOPIX extended its rally to a fifth session.