TOKYO, Nov. 2 (Xinhua) — Tokyo shares rose Thursday after know-how points had been supported by Wall Street positive factors after the U.S. Federal Reserve indicated it has come to the tip of its long-running rate of interest mountain climbing cycle.
Japan’s benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended up 348.24 factors, or 1.10 %, from Wednesday at 31,949.89.
The broader Topix index, in the meantime, completed 11.71 factors, or 0.51 %, larger at 2,322.39.
Analysts stated Tokyo’s stock market responded positively to the positive factors in U.S. shares after the Fed determination and hopes that the central financial institution’s tightening coverage to tame inflation has been efficient following some weaker-than-expected financial knowledge.
On the top-tier Prime Market, gainers had been led by service, electrical energy and fuel and air transportation points.
Among semiconductor-related shares monitoring positive factors within the technology-heavy Nasdaq index in a single day, Screen Holdings climbed 573 yen, or 7.7 %, to eight,014 yen, and Advantest elevated 359 yen, or 10.0 %, to three,949 yen.