Tokyo stocks rose for a fifth consecutive session. Led by technology and bank stocks, the Nikkei 225 closed more than ¥850 higher than the previous day.
Tokyo stocks rose for a fifth consecutive session, with the Nikkei 225 closing at ¥66,364.20. The index was up ¥850.21 from the previous day, marking gains for 5 consecutive trading days.
By sector, technology and bank stocks led the market, with buying prevailing. Some market participants said the rise in crude oil prices appeared to be losing momentum.
Overall, expectations for economic trends in Japan and overseas and corporate earnings were seen as factors pushing stock prices higher.