Japan shares rise .. and touch the highest level in two weeks

Japan shares rise .. and touch the highest level in two weeks

The advances, according to traders, were constrained by caution ahead of Friday’s release of the monthly US jobs report.
Stock changes
After reaching 27,399. 19 points, a level last recorded on September 21, the Nikkei index increased 0.7% to a closing level of 27,311. 30 points.
The larger Topix index increased 0.5% to 1922.47 points, climbing for a fourth straight day, and reaching a two-week high of 1930.47 points.
From a low of 25,621, the Nikkei increased.

96 on Monday—the highest point since June 20.
The Nikkei’s best-performing sector was the energy one, up 1.24 percent as oil prices reached multi-week highs.
Chip stocks, which rose 0. 94 percent on the Philadelphia Semiconductor Index in the United States overnight, also contributed significantly to the Nikkei’s advances.
Tokyo Electron, a manufacturer of chip-making machinery, increased by 2.76 percent, and Advantest, a rival company, increased by 2.91 percent.

Japan’s stock market rises to its highest level in two weeks.

About Author

World