Japanese Stock Market Advances Amid Anticipation of Key Economic Releases

Muscat: Japanese shares closed today's trading session higher, ahead of the release of results from Nvidia, the leading artificial intelligence company, and the release of US inflation data, which could provide indications regarding the path of interest rates by the Federal Reserve.

According to Oman News Agency, the Nikkei index rose 0.62 percent to close at 66,262.16 points, while the broader Topix index gained 0.42 percent to 4,111.02 points. Shares of SoftBank Group, a major investor in the field of AI, rose 1.49 percent. Mitsubishi Materials shares led the gainers on the Nikkei index, rising 5.95 percent, followed by Tokyo Electric Power shares, which gained 3.96 percent, and then Advantest, which rose 3.63 percent.

On the other hand, SUMCO shares led the decliners, falling 3.90 percent, followed by Kawasaki Kisen Kaisha shares, which declined 3.36 percent, and then Nippon Yusen shares, which lost 2.48 percent.