The Nikkei index opened up around 0.7% to 48,976.51 in early trading on Tuesday, following the rebound in technology stocks on Wall Street overnight. The index's gains were led by chip stocks, which are sought after by investors.
Kioxia Holdings surged around 11%, while Advantest rose around 5.3%, reflecting strong market interest in the semiconductor sector. In the currency market, USD/JPY traded steady at around 156.85, virtually unchanged from its closing position on Monday.
Investors are also monitoring developments in Prime Minister Sanae Takaichi's economic policies, which the market is eagerly awaiting to boost growth. The combination of positive global sentiment and hopes for domestic stimulus means the Nikkei remains open for further gains. (asd)
Source: Newsmaker.id
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