Nikkei up 1.5%

<p>The Nikkei recorded a 1.5 per cent rise today.</p>

The Nikkei has continued its fine start to the new month by recording a 1.5 per cent rise in its value during trading today (September 10th).

It closed the session at 14,423.36 – its highest level since August 2nd – as the index responded strongly to the news the 2020 Olympic Games are to be held in Tokyo.

According to a report by Reuters, retail investors in particular have been flocking to the Nikkei in the last couple of days after the Olympics decision was made over the weekend.

September has been good for the Nikkei so far, with the index recording gains in its value every day so far this month apart from last Friday.

Yesterday saw the Nikkei rise by 2.5 per cent as the index bounced strongly on the back of the news about the 2020 Olympics.

Spanish capital Madrid and Turkish city Istanbul were both in the running, but Tokyo won the vote easily in the end.

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