Tokyo, Japan – Japan’s Tokyo Stock Exchange rebounded on Thursday, marking a four-day winning streak as investors took cues from a strong performance on Wall Street. The Nikkei 225 index climbed 1.02% to close at 39,414.78, adding 397.91 points.
However, the market's gains were somewhat tempered by a cautious mood ahead of the Federal Open Market Committee's (FOMC) interest rate decision later in the day. Investors were closely watching for any hints on future monetary policy.
The broader TOPIX index also finished in positive territory, rising 0.68% to 2775.59. Similarly, the JPX Prime 150 index ended the day 0.85% higher.
Among the gainers, semiconductor stocks were particularly strong, with Advantest surging 4.36%, Renesas up 5.84%, and Tokyo Electron rising 2.34%. Automakers also contributed to the positive sentiment, with Toyota gaining 1.40%.
On the flip side, some companies, including Shin-Etsu Chemical and Daiichi Sankyo, saw their shares decline after releasing their earnings reports.
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