Tokyo's main index closes at the highs as Asian equities post solid gains
- Session high 21,920.46
- Session low 21,530.39
Improved sentiment in Wall Street helped to lift Asian shares but Japanese exporters are also cheering the fact that the yen is continuing to fall and that's helping to boost stocks on the day here.
Perhaps the surprise is that Chinese equities are also rallying despite poor economic data from China but investors are probably accustomed to the slowdown in the economy by now to care all too much. That shows that it's going to take more fresh negativity to drag stocks lower at this point and it will help boost confidence ahead of US trading later.