Market Commentary - Foreign Markets

23-Dec-2024      16:37

Japanese shares rise sharply on auto and tech stocks

Japanese markets rose sharply, led by automakers and technology stocks. The Nikkei average rose 1.19 percent to 39,161.34 while the broader Topix index settled 0.92 percent higher at 2,726.74.

Toyota Motor rallied 2.4 percent, Nissan added 1.5 percent, Honda Motor climbed 3.8 percent, Tokyo Electron rose 1.3 percent and Advantest surged 4.5 percent.

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