TOKYO: Japan’s Nikkei share average rose for a third consecutive session and hit a record closing high on Wednesday, supported by heavily weighted tech stocks, though uncertainty over US-Iran peace talks tempered sentiment.
The Nikkei closed up 0.4 percent at 59,585.86 in a choppy session after falling as much as 0.6 percent. The broader Topix slipped 0.7 percent to 3,744.99.
Tech investment conglomerate SoftBank Group rose 8.5 percent and chip-testing equipment maker Advantest advancing 2.6 percent. They contributed about 353 and 169 points to the Nikkei index, respectively.
“AI and a very small number of stocks that have recently been driving the market are the only areas in positive territory, while declines stand out across the broader market,” said Kazunori Tatebe, chief strategist at Daiwa Asset Management.
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