TOKYO, Feb. 5 (Xinhua) — Tokyo shares continued to rise on Wednesday, though early beneficial properties had been tempered by a stronger yen.
The benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, closed at 38,831.48, up 33.11 factors, or 0.09 p.c from the day gone by.
Following robust performances in U.S. tech shares, Tokyo’s market noticed broad shopping for, significantly in main shares. Investor sentiment was additionally supported by optimistic earnings from firms like Toyota, which exceeded market expectations.
The index initially surged over 300 factors however later confronted downward stress as a consequence of yen appreciation towards the U.S. dollar, which dampened beneficial properties.
The broader Tokyo Stock Price Index (TOPIX) additionally rose, closing at 2,745.41, up 7.39 factors, or 0.27 p.c.
Among the listed shares on the Tokyo Stock Exchange’s Prime Market, 940 rose, whereas 645 declined, and 55 remained unchanged.