Japan’s Nikkei index closed at a six-week high on Monday, October 31, tracking Wall Street’s strong close in the previous session, with technology stocks topping the list.<\/p>\n\n\n\n
The Nikkei rose 1.78% to 27,587.46 points, its highest level since Sept. 20, and its biggest one-day gain since Oct. 14.<\/p>\n\n\n\n
The broader Topix index jumped 1.6 percent to 1929.43 points.<\/p>\n\n\n\n
The broad-based strong rally pushed Wall Street to a sharply higher close on Friday, as encouraging economic data and brighter outlook fueled investor risk appetite ahead of the Fed’s highly anticipated monetary policy meeting later this week.<\/p>\n\n\n\n
Japan’s electrical appliances sector rose 2.78%, the largest among the 33 subsector indices on the Tokyo Stock Exchange.<\/p>\n\n\n\n
Hitachi shares jumped 6.04% after the group raised its earnings forecast.<\/p>\n\n\n\n
And the share of SoftBank Group for Investment in Technology provided the largest gain for the Nikkei index, as it rose 6.21%.<\/p>\n\n\n\n
Fast Retailing, operator of clothing stores Uniqlo, advanced 0.9%, and chip equipment maker Tokyo Electron jumped 1.31%.<\/p>\n\n\n\n
206 stocks advanced over Nikkei, while 15 stocks declined.<\/p>\n","protected":false},"excerpt":{"rendered":"
Japan’s Nikkei index closed at a six-week high on Monday, October 31, tracking Wall Street’s strong close in the previous session, with technology stocks topping the list. The Nikkei rose 1.78% to 27,587.46 points, its highest level since Sept. 20, and its biggest one-day gain since Oct. 14. The broader Topix index jumped 1.6 percent …<\/p>\n","protected":false},"author":9,"featured_media":71789,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[39,36],"tags":[7211,6877,6928,6882],"class_list":["post-74821","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates","tag-currencies","tag-dollar","tag-euro","tag-forex"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/74821","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=74821"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/74821\/revisions"}],"predecessor-version":[{"id":74822,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/74821\/revisions\/74822"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/71789"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=74821"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=74821"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=74821"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}