Japan’s Nikkei is at a Two-Week High

The Nikkei index achieved its first weekly gain in four weeks, after jumping at the close of today’s session.

The Nikkei index rose 1.81% to close at 29068.62 points, its highest level in more than two weeks, while the broader Topix index rose 1.86% to 2023.93 points.

This week, the Nikkei index rose by 3.64%, while the Topix index rose 3.16 percent, after losing three weeks.

Chip-making equipment maker Tokyo Electron contributed the largest share to the Nikkei’s gains, rising 2.97%. Robotics manufacturer Fanuc shares jumped 5.61%.

Keynes, a manufacturer of electronic sensors, and Sony Group for audio and games pushed the Topix index to rise, after their shares rose 3.66% and 2.67%, respectively.