Japan’s Stocks Gain on Strong Earnings as Market Reopens
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Japanese stocks rose after Monday’s holiday, as major firms released strong corporate earnings. Hitachi was one of the biggest gainers on the Topix, which advanced the most in more than two months.
The Nikkei 225 Stock Average climbed 1.2% to 38,405.66 as of the market close. The broader Topix advanced 2.1% to 2,743.17. The yen was at 156.84 per dollar, after rebounding Monday from a slump past 160 that sparked suspicion the nation’s government intervened to support the currency.