Nikkei witnessed a rise, supported by a weaker yen. Investors engaged in profit-booking near the 40,000 level. Automakers like Toyota and Honda saw gains due to the yen’s weakness. Energy shares surged following an overnight rise in oil prices. Yoshinoya Holdings experienced a jump after reporting a profit increase. Overall, the market showed firmness with a majority of stocks rising.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets