Japan’s Nikkei Stock Average Rallies Over 1,200 Points, Led by Chip Stocks

Yomiuri Shimbun file photo
Tokyo Stock Exchange

Tokyo (Jiji Press)—Japan’s benchmark Nikkei 225 stock average rallied more than 1,200 points on Tuesday, led by semiconductor-related shares.

The Nikkei average finished 1,207.51points, or 3.45 pct, higher at 36,232.51, and the broader TOPIX index climbed 70.25 points, or 2.83 pct, to 2,553.55.

Chip-related issues attracted hefty buying after their U.S. peers rose on Monday, when the the Tokyo market was closed for a national holiday.