TOKYO: Tokyo's benchmark Nikkei index rose for a fourth consecutive session on Thursday, extending rallies on Wall Street backed by optimism about the further easing of lockdowns in some pandemic-hit economies.
The Nikkei 225 index gained 0.36 percent, or 81.98 points, to close at 22,695.74, while the broader Topix index advanced 0.30 percent, or 4.74 points, to 1,603.82.
The market opened higher, taking a positive lead from Wall Street, where stocks surged, betting on an economic rebound following coronavirus shutdowns and shrugging off rising China-US tensions.
"The current buying sentiment is supported by expectations of continued economic measures taken by many countries," said Toshikazu Horiuchi, a broker at IwaiCosmo Securities.
"Profit-taking can easily emerge but bargain-hunting has sustained the market," Horiuchi told AFP.
In Tokyo, blue-chip exporters were higher, with Toyota rising 0.85 percent to 6,974 yen, Sony up 1.62 percent at 7,267 yen and Nintendo 1.36 percent higher at 45,240 yen. But airlines lost ground on profit-taking, with Japan Airlines down 0.98 percent at 2,166 yen and ANA Holdings falling 1.66 percent to 2,600.5 yen.
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