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Japanese Stock Indices Reach New Highs with Nikkei and Topix Advancements

Tokyo: The Japanese stock indices closed higher at the end of Wednesday’s trading session.

According to Qatar News Agency, the Nikkei 225 index finished the day up by 0.90 percent, or 348.41 points, reaching 38,885.15 points. This marks its highest closing level since the end of the session on Feb. 19.

The broader Topix index also closed higher, gaining 0.77 percent, or 21.40 points, to end at 2,808.35 points.

The Nikkei’s performance was bolstered by gains in shares of Nintendo, Fast Retailing (the parent company of Uniqlo), and Advantest, which rose by 6.59 percent, 1.98 percent, and 1.18 percent, respectively.

In currency markets, the US dollar declined against the Japanese yen by approximately 0.3 percent, trading at 144.87 yen in morning transactions. Additionally, the yield on 10-year Japanese government bonds decreased by about one basis point to 1.462 percent.

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