Japanese Shares Gain on Wall Street Boost

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The Nikkei 225 rose 0.7% to above 57,500 while the broader Topix added 0.4% to 3,822 on Thursday, extending gains from the previous session and taking cues from a strong lead on Wall Street, where technology shares rebounded.
The advance came as concerns over potential AI-related disruptions eased and investors brushed aside hawkish signals from the US Federal Reserve.
Market participants also began to view the recent pullback in software stocks as a buying opportunity, with stock pickers assessing likely winners and losers from the AI theme.
In addition, Japanese equities were supported by a sharp depreciation in the yen, which improves the earnings outlook for the country's export-driven sectors.
Technology names paced the rally, with notable gains from Kioxia Holdings (2.3%), Advantest (2.2%), Fujikura (2.6%), Disco Corp (4%), and Tokyo Electron (3.3%).

Sumber : Trading Economics

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