Japan Shares Rise With Hopes of Resuming Economic Activities, Travel And Real Estate Companies

Japanese shares closed higher on Wednesday, June 2, buoyed by gains in the hotel sector, as increased activity in vaccination campaigns raised hopes of resuming economic activities, while shares of automakers rose to new records amid an increase in global demand.

The Nikkei index rose 0.46% to close at 28946.14 points, while the broader Topix index rose 0.84% ​​to 1942.33 points.

And with Japan last week extending its general isolation measures until later this month, investors are looking beyond that, with signs of increased vaccination activity fueling their bets on reopening the economy. Railroad companies were among the top performers.