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Japan's Nikkei Hits 3-Month High

Economy

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Tokyo, October 05 (QNA) - Japan's Nikkei index recorded its highest closing level since July 1 on Monday, boosted by AI-related stocks.

The Nikkei rose 2.40 percent to 69,946.40, while the broader Topix rose 1.33 percent to 4,145.22.

Chip-related Advantest and Tokyo Electron rose 4.32 percent and 5.5 percent, respectively, to provide the biggest boosts to the Nikkei.

Bank shares rose, with Mitsubishi UFJ Financial Group and Mizuho Financial Group rising 2 percent and 2.63 percent, respectively. (QNA)

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