Japan’s Nikkei closed higher for the eighth consecutive day

Japan’s Nikkei rose for the eighth straight session on Tuesday, supported by gains made by banks on positive US data, and a weaker yen boosted exporters.

The Nikkei index rose 0.51% to close at 28,658.83 points, close to its highest level so far this year, in the longest streak of consecutive gains since March 2022. The broader Topix index rose 0.69% to 2,040.89 points.

Chiba Bank led the gains on the Nikkei index, and its share jumped 3.38 percent, while Resona Holdings Bank rose 2.08 percent.

Mazda Motor Co. also rose 1.87 percent after the yen continued to decline for two days, trading near its lowest level in a month.

And 175 shares rose on the Nikkei index, compared to a decline of 43 shares.

Inbix Corp shares fell 2.13 percent, leading the decline among energy stocks after the fall in oil prices in US trading.

Sega Sammy Holdings fell 2.78 percent after the company announced on Monday its plans to acquire Rovio, maker of the Angry Birds game, for 706 million euros ($776 million).