Japanese stocks receive support from “Wall Street” .. and the Nikkei index jumps 3%

Japanese stocks receive support from “Wall Street” .. and the Nikkei index jumps 3%

The Nikkei rose 2. 96% to 26992. 21 points, supported by widespread buying, to record the daily highest since March 23 and reach its closing level since September 22. The Japanese-Japanese index rose 3% today, Tuesday, in its sessions for more than 6 months, with investors on leading stocks and related stocks severely affected.

The Topix index increased daily since March 10th, jumping 3. 21% to 1906. 89 points.
Yesterday, the three major indices gained by more than 2%.
Shares of Retail, the company that owns Uniqlo clothing stores, increased by 2.2%, those of SoftBank Investment Group by 5.1%, and those of Electron by 2.68 %.
The Tokyo Stock Exchange’s wholesale sector, which comprises trading companies, performed the best, with an increase of 5.3% in its index.
Itocho Corporation’s stock increased 8.34%, while Mitsubishi Corp.

Shares increased 4. 83%.
The rise in oil prices contributed to an increase in energy prices as well.
The sector of refining firms increased by 4. 13%, and the share of Inpex increased by 4. 13%, while the index of exploration and exploration companies increased by 4. 96%.
Kisen Shipping was the sole decliner on the Nikkei, falling 1 percent.

Japanese stocks benefit from “Wall Street” support, as the Nikkei index increases by 3%.

About Author

World