Japan’s Nikkei trailed Wall Street and closed at the highest level in more than a month

The Nikkei index ended trading on Monday at the highest level in more than a month, tracing the impact of gains on Wall Street in the previous session, but what limited those gains was the anticipation of the markets before a meeting of the Federal Reserve and the announcement of Japanese companies’ business results.

The Nikkei rose 0.19 percent to close at 27,433.40 points, the highest closing level since December 16, after the index fell for a short period. The broader Topix index fell slightly, by 0.01 percent, to record 1,982.40 points.

Robotics maker Fanuc jumped 3.58 percent after the company raised its annual operating profit forecast and announced a five-to-one stock split.

Shin-Etsu Chemical Co rose 5.08 percent, its fourth straight session rally, as the silicon wafer maker raised its annual operating profit forecast.

Tokyo Electron rose 0.68 percent, Advantest fell 0.32 percent, and Nikon rose slightly by 0.16 percent.