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Tokyo’s Nikkei index closes at fresh 26-year-high

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Major Asian Indexes rose on Tuesday following a stronger signals from the US after a deal was a struck between the Republican and Democrats ending the Government Shutdown.

Japan’s Nikkei 225 rose more than 1.2 percent on Tuesday. Automakers recorded gains in the morning: Toyota rose 0.87 percent, Honda jumped 1.86 percent and Mitsubishi Motors tacked on 2.51 percent. Technology names were also mostly higher, with SoftBank Group advancing 2.16 percent.

Tokyo's benchmark Nikkei index closed at a fresh 26-year high on Tuesday after Wall Street powered to another set of records on a deal to end a three-day government shutdown in Washington.

The Nikkei 225 index gained 1.29 percent or 307.82 points to close at 24,124.15, the highest since November 1991, while the broader Topix index was up 1.01 percent or 19.15 points at 1,911.07.

Posted on: 2018-01-23T11:40:00+05:00