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Japanese Indices Rise as Yen Weakens

Tokyo: Japanese indexes rose, supported by strong performance on Wall Street during overnight trading, but losses in chip stocks limited the gains.

According to Qatar News Agency, the Tokyo Stock Exchange reported that the Nikkei index, which includes 225 issues, ended Tuesday's session up by 0.64 percent, equivalent to 258.84 points, reaching 40,549.54 points. The broader Topix index also closed higher by 0.70 percent, equivalent to 20.34 points, reaching 2,936.54 points.

On the exchange rate front, the US currency rose against its Japanese counterpart by approximately 0.07 percent to 147.26 yen in morning trading, while the yield on 10-year Japanese government bonds declined by about 3 and a half basis points to 1.468 percent.