TOKYO (Reuters) – Japanese stocks closed near a weekly high on Tuesday as risk appetite surged after US President Donald Trump returned to the White House after receiving treatment for COVID-19.
The Nikkei rose 0.52% to 23,433.73, while the broader Topix also added 0.52% to 1,645.75. Both indices hit their highest levels since September 30.
Investor sentiment has improved in the wake of Wall Street's rally, with its major indices soaring amid hopes for stimulus and news of Trump's return to the White House.
Shares in Japanese tech and semiconductor companies rose in the wake of the US Nasdaq rally of more than 2%.
(Amy Yamamitsu. Translated by Olga Vishnevskaya. Editor Anna Kozlova)