Home / Market Update / Global Stock Market / Japan Stocks Rise, Tracking Nasdaq, Drug Makers Shine
Japan
Japan

Japan Stocks Rise, Tracking Nasdaq, Drug Makers Shine

Japanese stocks closed higher on Tuesday, June 15th, as technology and growth-focused stocks were supported by a strong Nasdaq close overnight, while drugmakers extended their gains.

The Nikkei index jumped 0.96% to 29,441.30 points, its biggest gain since late May, while the broader Topix rose 0.8% to 1975.48 points, closing at its highest level since early April.

The market sentiment was boosted by hopes of a recovery in global trade and reopening the economy in the country, while investors awaited the US Federal Reserve’s two-day policy meeting scheduled to begin later today.

Check Also

Global Traders Navigate Disruption with New Supply Chain Strategies

Supply chain disruptions have become increasingly prevalent, forcing businesses worldwide to re-evaluate their strategies. A …