Japan shares Closing Higher on Recovery Hopes And Topix is at a 20-Year Peak

Japanese shares closed higher on Tuesday, March 16th, and the Topix index reached a 20-year high, as technology stocks tracked Wall Street’s gains amid hopes for a strong economic recovery in the United States.

The broader Topix index rose 0.65% to 1981.50 points, the highest closing level since May 1991, and SoftBank Group was the biggest supporter of the index, followed by Sony, which rose 1.62%.

The Nikkei index rose 0.52% to 29,921.09 points.