Tokyo Stocks End Higher as Tech Issues Gain

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 On June 26, Tokyo stocks closed on a high note, fueled by a surge in semiconductor and technology shares following the robust performance of their U.S. counterparts the previous night.

Japan's leading Nikkei stock index, comprising 225 issues, climbed by 493.92 points or 1.26 percent from the previous day, reaching 39,667.07, marking its highest closing level since April 9.

The broader Topix index also saw gains, ending up by 15.58 points or 0.56 percent at 2,802.95.

Analysts observed that the rebound of U.S. chip giant Nvidia and the Nasdaq index breaking a three-day losing streak encouraged investors to invest in major Japanese tech stocks, with Advantest surging by 7 percent by the day's end.

Additionally, previously struggling stocks gained traction as concerns about the earnings outlook of major Japanese firms eased, partly due to the recent weakening of the yen, according to market dealers.

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