After supporting Wall Street’s gains last night, investors’ thirst for electronic chips and other technology-related equities helped the Japanese Nikki index close off Tuesday’s trading close to the highest level in eight weeks.
The broad Topics index increased 1.21 percentage points to 1957.56 points, while Nikki increased 1.25 percent to close at 27872.11 points, the highest closing level since September 15.
The shares associated with electronic chips rose, Tokyo Electron increased 3. 3% and Advanstist 2. 96%.
The Nikki index climbed the most thanks to a 4. 97 percent increase in the price of the Soft Bank Investment Group shares, and a 1. 48% growth in the KDI’s share of the phone market.
Sony, a producer of video games and audio equipment, increased by 3. 27%.
On the other hand, the Central Railways Company’s share price dropped by 0. 88% while the sub-index of shares of railway businesses declined by 0. 23%.
The airlines shares sub-index decreased by 0.86 percent.
Toshiba shares fell 1.
82% after it was revealed that Japan Engils Partners, a Special Investment Fund, had requested to pay $ 15 billion to buy the enormous corporation without having to fulfil significant bank commitments.
With the help of technology shares, the Japanese Nikki Index is close to reaching its best level in eight weeks.
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