Japan's Nikkei Closes Tuesday Higher
The Nikkei Stock Average, which tracks 225 major issues, catapulted 2,065.48 points—a 3.92 percent leap from Monday's close—to settle at 54,720.66, marking an all-time high. Meanwhile, the Topix index, representing broader market movement, climbed 109.71 points, or 3.10 percent, finishing at 3,645.84.
Market participants pursued equities across every major category, with cyclical sectors leading the charge. Banking stocks and precision instrument manufacturers—industries particularly vulnerable to economic swings—posted especially strong gains after U.S. markets rallied on manufacturing data from January that exceeded analyst expectations.
Heavyweight chip-sector players Tokyo Electron and Advantest numbered among the session's standout performers. Companies delivering upbeat financial results and forward guidance, including TDK, also saw their shares surge as investors rewarded positive corporate outlooks.
The record-breaking session reflects renewed confidence in Japanese equities amid encouraging economic signals from across the Pacific.
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