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Japanese Market Significantly Higher
TOKYO (dpa-AFX) - The Japanese stock market is significantly higher on Tuesday, extending the sharp gains of the previous session, with the benchmark Nikkei index above the 28,800 level, following the positive cues from Wall Street overnight, as economic optimism tempered coronavirus concerns.
The benchmark Nikkei 225 Index is gaining 233.27 points or 0.82 percent to 28,802.29, after touching a high of 28,852.31 earlier. Japanese shares closed sharply higher on Monday.
Market heavyweight SoftBank Group is gaining more than 1 percent and Uniqlo operator Fast Retailing is adding almost 1 percent. Among automakers, Honda is gaining almost 1 percent and Toyota is edging up 0.3 percent, while Nissan Motor is edging down 0.3 percent.