At closing bell, the 225-issue Nikkei Stock Average advanced 109.08 points, or 0.47%, to 23,247.15. The broader Topix index of all First Section issues on the Tokyo Stock Exchange rose 7.59 points, or 0.47%, to 1,623.40.
Total 24 issues of the 33 industry category of Topix index ended into black territory, with Electric Appliances, Marine Transportation, Other Financial Business, Fishery, Agriculture & Forestry, Precision Instruments, and Land Transportation issues being notable gainers, while Mining, Insurance, Oil & Coal Products, and Transportation Equipment issues were notable losers.
The Institute for Supply Management released a report showing manufacturing activity in the U.S. expanded at a faster rate in the month of August. The U.S. manufacturing expansion on Tuesday came after Chinese factory data signaled rising global demand for exports, a sign the world economy is recovering from the pandemic.
CURRENCY: The Japanese yen traded at 106.02 per dollar after seeing levels around 105.5 against the greenback earlier in the week.
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