The Nikkei 225 Index gained 0.53% to close at 39,367, while the broader Topix Index rose 0.25% to 2,741 on Tuesday, extending gains from the previous session. The rally was driven by optimism following China's announcement of "more proactive" fiscal measures and a "moderately" looser monetary policy, which boosted market sentiment across the region. Japanese stocks also defied the selloff on Wall Street overnight, where major US technology names faced pressure. Domestically, investors are eyeing business sentiment data later this week to assess the health of the Japanese economy. Market expectations remain divided on the timing of the next Bank of Japan interest rate hike, with forecasts ranging between December and January. Among notable performers, index heavyweights such as Toyota Motor (+1.3%), Sony Group (+4.1%), and Tokyo Electron (+3.5%) saw strong gains.(Cay)
Source: Trading economi
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