23.12.202500:37:24UTC+00Japanese Shares on 3-Session Gains

On Tuesday, the Nikkei 225 Index advanced by 0.2% to reach 50,521, marking its third day of consecutive gains. This rise aligns with the ongoing rally seen on Wall Street, where technology stocks continue to lead the charge. Companies like Oracle and Nvidia, notable for their strong influence in the AI sector, have been instrumental in driving this upward momentum. Investor interest in Asia, particularly Japan, has been gaining traction due to the region's promising growth outlook and significant involvement in globally transformative technologies. Additionally, the appeal of Asian assets has been enhanced by a weaker US dollar, offering attractive returns for investors using the dollar, especially as Asian currencies are appreciating. Key contributors to the Nikkei's performance included Toyota Motor with a gain of 0.3%, Mitsubishi UFJ Financial Group up by 0.7%, Sony Group increasing by 2.2%, and Mizuho Financial Group rising by 1.1%.