The Nikkei 225 index rose 1.0% to 44,990.71 in early trading, following a record-breaking rally on Wall Street overnight. The market appeared calm despite ongoing concerns about the US government shutdown.
The gains were led by pharmaceutical and chip stocks. Chugai Pharmaceutical rose 3.2%, while Lasertec gained 4.4%, amid positive sentiment in the healthcare and technology sectors.
On the currency market, USD/JPY was at 147.24, virtually unchanged from 147.34 at the close in Tokyo on Wednesday. The stable rupiah/yen helped maintain interest in export-oriented stocks.
Looking ahead, investors are closely monitoring developments on the US shutdown and the Liberal Democratic Party (LDP) leadership election on Saturday. The results could potentially influence Japanese policy direction and market sentiment in the near future.
Source: Newsmaker.id
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