Japan shares advanced on Thursday, 24 December 2020, 23 December 2020, as investor sentiments boosted up on the back of yen depreciation against greenback and optimism about a potential Brexit deal.
At closing bell, the 225-issue Nikkei Stock Average advanced 143.56 points, or 0.54%, to 26,668.35. The broader Topix index of all First Section issues on the Tokyo Stock Exchange rose 9.06 points, or 0.51%, to 1,774.27.
The major exporters were mostly rising on a weaker yen. Canon was higher by more than 1%, meanwhile Panasonic rose almost 1% and Mitsubishi Electric added 0.7%.
Among automakers, Honda gained more than 1% and Toyota was up almost 1%. In the banking sector, Sumitomo Mitsui Financial added more than 2% and Mitsubishi UFJ Financial rose more than 1%.