TOKYO, Dec. 10 (Xinhua) — Tokyo shares rose for a second consecutive session on Tuesday as a weaker yen boosted export-oriented shares reminiscent of Toyota and Honda.
The benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, closed the day at 39,367.58, up 207.08 factors, or 0.53 % from the earlier buying and selling day.
Market sentiment improved as China’s financial outlook brightened following a message from central authorities pledging a extra proactive fiscal coverage and a reasonably unfastened financial coverage for 2025.
The optimism, coupled with a weaker yen buying and selling at round 151.55 yen per U.S. dollar, boosted export-oriented shares. Broader Asian markets additionally noticed positive factors, additional supporting investor confidence.
Looking forward, buyers stay cautious because the U.S. Consumer Price Index (CPI) report and subsequent week’s Bank of Japan coverage assembly are anticipated to affect market instructions.
The broader TOPIX index additionally gained, ending 6.85 factors, or 0.25 %, greater to 2,741.41.
On Tokyo Stock Exchange’s Prime part, 702 shares superior, 874 declined, and 68 unchanged.