Japan's Nikkei rises on hopes US shutdown may end soon
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Japan's Nikkei share average rose 0.9% to 50,728.56, driven by optimism over a potential end to the U.S. government shutdown. The broader Topix index increased by 0.17%. Key technology stocks like Advantest and Tokyo Electron saw gains, while smaller chip-related shares surged. Notably, Kioxia Holdings jumped 12% and Towa surged 23.77%. However, Honda Motor fell 4.6% after cutting its profit forecast. Overall, 68% of stocks on the Tokyo Stock Exchange rose, reflecting positive market sentiment.
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