The Nikkei 225 index added 50.11 points to close at 17,407.62, while the broader Topix index of all first-section issues gained 0. 64 percent, or 8.97
points, to close at 1 Cheap Nike Air Presto Mens ,409.15.
Brokers here said that the effects of Prime Minister Shinzo Abe 's dissolving of the lower house of parliament and calling a snap election pegged for Dec. 14,
had largely been factored in to market players' positions, and that pre-election
times, historically, are usually a boon for the stock market here as parties
tend to unroll new economic policies and firm up stimulus measures.
In addition, they said that trading got off to a good start on the back of Wall Street's closing highs and the yen's retreat versus its U.S. counterpart,
as well as being supported by hopes for new stimulus measures from the eurozone
and China.
Mario Draghi Cheap Nike Air Presto High , the European Central Bank president, strongly hinted on Friday that he and his colleagues were preparing a new round of
powerful monetary stimulus to kickstart the spluttering eurozone economy and his
remarks sent European stocks and bonds higher thereafter.
"The European Central Bank would do what we must to raise inflation and expectations as fast as possible," Draghi was quoted as telling a banking
conference in Frankfurt.
The ECB also said Friday that it has started buying asset- backed securities, a move widely believed to be aimed at creating a more accommodative environment
for banks to borrow and encourage them to lend to businesses so they can invest
and help shore up the economy.
Local brokers here also said that the Chinese central bank lifted global markets by announcing its first interest rate cut in two years.
Regarding the ECB moves, Koji Toda, chief fund manager at Resona Bank Ltd., said "Ample liquidity supports the Japanese stock market. The market continues
to be resilient. Europe shows strong signs for monetary easing like Japan".
In twine with China's latest moves Cheap Nike Air Presto Fleece , Ayako Terada from Nomura Securities Co.'s investment research department added that, " Overall market sentiment is not bad
thanks to China's surprise rate cut and growing speculation for additional
monetary easing by the European Central Bank."
In currency markets, the U.S. dollar was at 117.93 yen, dropping from the 118.25 yen-mark logged in New York on Monday.
This gives exporters a boost as their earnings outlooks improve on a weaker yen as profits are augmented when repatriated from overseas back into the
domestic currency.
Toyota accelerated 1.42 percent to 7,190 yen, while smaller rival Honda advanced 1.4 percent to 3,741 yen.
Consumer electronics behemoth Sony leapt 6.12 percent to 2 Cheap Nike Air Presto Essential ,582 yen, after Chief Financial Officer Kenichiro Yoshida's laid out plans to restructure the company and energize sales
of its popular PlayStation 4 games console. Following this, Jefferies Group
raised its share price forecast target by 29 percent to 3,520 yen.
China-linked issues found traction Tuesday, with Hitachi Construction Machinery jumping 4.8 percent to 2,573 yen, while Komatsu Cheap Nike Air Presto BR , an industrial machinery maker, climbed 3.6 percent to close at 2,800 yen.
Dai-ichi Life Insurance was another notable gainer, adding 2.6 percent to 1,747 yen, following a related index posting the biggest gain among 33 industry
groups in the Topix.
Meanwhile, Takata surged 16.2 percent to 1 www.cheapprestoshoes.com ,455 yen, as the embattled auto parts maker, accused of supplying faulty airbags
connected to the fatalities of numerous people and the injuries of hundreds
more, takes on U.S. Senators by willingly handing over 14 years of data on the
alleged faulty airbags.
Trading volume on Tuesday increased to 2.71 billion shares on the Tokyo Exchange's First Section, up from Friday's volume of 2. 51 billion shares, with
advancing issues beating decline ones by 1, 090 to 624.
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