FX.co ★ Japan Stock Market Review

Nikkei ended up +1.36% at 10639.71 which is the highest level in 11 months (since October 2008). Topix index rose 1.1% to 975.59 that is the highest level since Oct.7.
The broad upward movement was due to positive U.S. macroeconomic data and boosting China stock market, reflecting the hopes of investors on quick recovery of the global economy.
Among gainers are Toyota Motor Corp. that edged up 1.48% at 4,110, Orix Corp., Japan’s largest non-bank financial company, closed up 4.9 % at 6,850 on news that it will invest in a real-estate fund. Shares of water heater Noritz Corp. ended up +10.08% at 1,299 with news that the government will require people to replace old boilers.

Nikkei 225

Topix

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Analyst: Vladimir Donin