Japanese Market Rises

(RTTNews) - The Japanese stock market is rising on Thursday following the positive cues overnight from Wall Street that partly reflected a rebound in tech stocks that helped offset worries about stalled U.S. stimulus talks. However, a stronger yen weighed on exporters' shares.

The benchmark Nikkei 225 Index is adding 408.49 points or 1.79 percent to 23,252.45, after touching a high of 23,289.77 earlier. The Japanese market closed higher on Wednesday.

Market heavyweight SoftBank Group is gaining almost 4 percent and Fast Retailing is rising more than 2 percent.

In the tech space, Advantest is gaining more than 4 percent and Tokyo Electron is rising more than 3 percent. In the financial sector, Mitsubishi UFJ Financial is adding 0.2 percent, while Sumitomo Mitsui Financial is down 0.1 percent.

Among automakers, Toyota is advancing more than 1 percent, while Honda Motor is lower by 0.3 percent.
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