Japan's Nikkei Index hit a three-month high in early trading on Tuesday, as strong overnight performance in the US stock market and the weakening yen boosted investor sentiment. The Nikkei 225 Index rose 1.2% to 40,090.35 points, while the broader TSE Index rose 0.9%, and the Japanese market reopened after Monday's public holiday. The US stock market closed higher on Monday. The S&P 500 index and the Dow Jones Industrial Average both recorded new highs, as investors bought technology stocks before the release of corporate earnings and key economic data this week. The weakening yen also supports the Japanese stock market, as the weakening yen often boosts the overseas income of exporters when they are repatriated. The exchange rate of the yen against the US dollar hit a low of 149.98 yen on Monday, the lowest level since the beginning of August. SoftBank Group, Tokyo Electronics, Advantest, Express Sales, and Toyota all recorded gains.

Zhitongcaijing · 10/15 00:57
Japan's Nikkei Index hit a three-month high in early trading on Tuesday, as strong overnight performance in the US stock market and the weakening yen boosted investor sentiment. The Nikkei 225 Index rose 1.2% to 40,090.35 points, while the broader TSE Index rose 0.9%, and the Japanese market reopened after Monday's public holiday. The US stock market closed higher on Monday. The S&P 500 index and the Dow Jones Industrial Average both recorded new highs, as investors bought technology stocks before the release of corporate earnings and key economic data this week. The weakening yen also supports the Japanese stock market, as the weakening yen often boosts the overseas income of exporters when they are repatriated. The exchange rate of the yen against the US dollar hit a low of 149.98 yen on Monday, the lowest level since the beginning of August. SoftBank Group, Tokyo Electronics, Advantest, Express Sales, and Toyota all recorded gains.