Nikkei Gains 0.9% Supported by Tech, Financial Stocks
Japanese stocks are trading higher, supported by positive overnight cues from the U.S. and a decline in Treasury yields. The Nikkei Stock Average is up 0.9% at 42308.62, helped by technology and financial stocks.
Mitsubishi UFJ Financial is 1.1% higher, while Sumitomo Mitsui Financial and Mizuho Financial are trading up 0.7% each. Semiconductor Equipment & Materials Makers are higher with Advantest adding 2.2% and Tokyo Electron 0.4%. USD/JPY is down 0.5% at 148.06.
Source: Bloomberg