The Nikkei 225 Index jumped 1.3% to close at 38,780 while the broader Topix Index gained 0.71% to 2,716 on Monday, with Japanese shares rising for the second straight session after coming under pressure over the past two weeks.
Local shares also mirrored gains in US futures, as President-elect Donald Trump nominated hedge fund manager Scott Bessent for Treasury Secretary, removing a source of uncertainty for markets.
Looking ahead, investors are focused on Tokyo's inflation figures, due for release this week, as they are seen as a leading indicator of nationwide price trends.
Technology stocks led the rally, with notable gains from Lasertec (+2.3%), Tokyo Electron (+4%), SoftBank Group (+3.4%), Recruit Holdings (+4.4%) and Keyence (1.5%). Strong performances were also seen from Mitsubishi Heavy Industries (+1.2%), Toyota Motor (+1.1%), and Fast Retailing (+3.5%).
Source: Trading Economics
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