Japan’s Nikkei closed at its highest level in two and a half months

Japan’s Nikkei closed at its highest level in two and a half months, as major technology stocks tracked gains in Wall Street overnight and energy stocks rose, led by higher oil prices.

The Nikkei rose 1.04 percent to 28,234.29 points, its highest close since March 29, and it continued a four-day winning streak. The broader Topix index jumped 1.118 percent, recording 1969.98 points.

The Nikkei’s rise was led by air conditioner maker Daikin Industries, which rose 3.36 percent, while technology investor SoftBank Group rose 2.45 percent. Medical services platform M3 jumped 5.61 percent and robotics maker Fanuc 2.38 percent.

Oil companies topped the sectors that achieved gains in the Tokyo Stock Exchange, which includes 33 sub-indices of sectors, and rose by 4.7 percent.

Real estate shares rose 2.82 percent, with Tokyo Fundosan Holdings Inc., a 4.31 percent jump.

But the insurance and banking sectors fell 0.91 percent and 0.85 percent, respectively, after a drop in US Treasury yields.