Japanese shares ended sharply higher on Thursday on weak oil prices and due to solid gains in U.S. stocks.
The Nikkei 225 rocketed 241.75 points, or 2.23% to 11,077.16.
“The inflation report was as good as it could be for equity markets,” said Pieter van Putten from APS Asset Management. “The falling oil price seems to have provided the dominant positive impulse.”
Advantest rallied near 4% to 7830 yen, Canon rose 1.95% to 5760 yen. NEC was up 3.69% to 590 yen. Sony advanced 4.63% to 4070 yen.
Daiei closed unchanged at 1991 yen.
Honda rallied 2.75% to 5240, Nissan Motor added 3.01% to 1061 yen, Toyota slipped 0.78% to 3820 yen.
Yto-Yokado rocketed 3.06% to 3710 yen.
FOREX
In the currency market, the euro declined to $1.2665 from $1.2681 in New York late Wednesday. The dollar rose to 107.12 yen, from $106.84 yen.