TOKYO, Jan. 23 (Xinhua) — Japan’s key stock index prolonged its features for a fourth consecutive day on Thursday, bolstered by features in U.S. shares pushed by optimism over synthetic intelligence (AI) investments.
The benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, closed 312.62 factors, or 0.79 p.c greater, at 39,958.87.
The Nikkei briefly surpassed the 40,000 mark for the primary time since Jan. 8, monitoring U.S. stock market features that had been fueled by expectations of elevated AI growth investments.
While profit-taking close to the psychological threshold of 40,000 briefly capped features through the morning session, constant shopping for in index futures helped the Nikkei preserve its momentum within the afternoon.
The broader TOPIX index additionally rose for the fourth straight session, gaining 14.55 factors, or 0.53 p.c, to finish at 2,751.74.
On the Tokyo Stock Exchange Prime Market, advancing points numbered 639, whereas 936 declined, and 68 had been unchanged.