Home / Market Update / Global Stock Market / Japan shares rise, tracking Wall Street

Japan shares rise, tracking Wall Street

Japanese shares rose at the close on Thursday, tracking a strong close on Wall Street Wednesday night, while positive data from a South African study on the mutant Omicron boosted airline stocks.

The Nikkei index jumped 0.83 percent to close at 28,798.37 points, recording a rise for the third consecutive session. The broader Topix index rose 0.91 percent to 1989.43 points.

Stocks rose on Wall Street Wednesday evening, supported by strong economic data and a study conducted in South Africa indicating a lower odds of hospitalization and serious symptoms in people with the Omicron mutant of the Corona virus compared to the mutant Delta.

Check Also

Euro Holds Firm as France Restores Political Calm, While UK Faces Fiscal Strain

The euro remained stable on Friday, supported by renewed political calm in France after recent …