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Feb. 23, 2015, 3:26 a.m. EST

Japan stocks advance for fourth day to 15-year high

Other Asian markets post broad gains

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By Laura He, MarketWatch


Reuters
Tokyo stocks gain further on Monday, with other Asian markets also closing higher.

HONG KONG (MarketWatch) -- Japan stocks advanced to their best closing level in 15 years on Monday, extending a four-day winning streak, as markets tracked a rally in the U.S. equities at the end of last week.

The Nikkei Average /zigman2/quotes/210597971/delayed JP:NIK +1.27%  rose 0.7% to 18,466.92, the highest settlement since April 2000. The broader Topix /zigman2/quotes/210598092/delayed JP:180460 +0.93%  edged up 0.2%.

The yen /zigman2/quotes/210561789/realtime/sampled USDJPY +0.0477%  weakened versus the greenback, trading at ¥119.23 from ¥119.07 late Friday in New York.

The U.S. markets climbed on Friday after the eurozone finance ministers agreed to extend Greece’s bailout by four months .

In Japan, top outperformers included electronics component supplier TDK Corporation /zigman2/quotes/208948266/delayed JP:6762 +2.34%  , jumping 2.4%, camera maker Olympus Corp. /zigman2/quotes/200860615/delayed JP:7733 +1.78%  , gaining 2.3%, rival Nikon Corp. /zigman2/quotes/203281219/delayed JP:7731 +1.83%  , adding 1.1%, and auto maker Nissan Motor Co., Ltd. /zigman2/quotes/208298710/delayed JP:7201 +2.88%  , up 1.5%.

However, auto-parts provider Takata Corporation  fell 2.6%, after the U.S. National Highway Traffic Safety Administration said it would fine the company $14,000 per day for failing to fully cooperate with the agency’s probe into its defective air bags.

Other Asian markets also recorded broad gains. Sydney’s S&P/ASX 200 /zigman2/quotes/210598100/delayed AU:XJO +1.15%   finished up 0.5%, and Seoul’s Kospi Composite Index /zigman2/quotes/210598069/delayed KR:180721 +1.81%  settled 0.4% higher.

Meanwhile, Hong Kong stocks seesawed in their post-holiday return, with the Hang Seng Index /zigman2/quotes/210598030/delayed HK:HSI +2.96%   ending up less than 0.1%.

Mainland Chinese stocks markets remained closed for the Lunar New Year. They were due to reopen on Wednesday.

/zigman2/quotes/210597971/delayed
JP : Nikkei
26,739.03
+336.19 +1.27%
Volume: 0.00
May 20, 2022 3:15p
loading...
/zigman2/quotes/210598092/delayed
JP : Tokyo Exchange (TOPIX)
1,877.37
+17.29 +0.93%
Volume: 0.00
May 20, 2022 3:00p
loading...
/zigman2/quotes/210561789/realtime/sampled
US : Tullett Prebon
127.8780
+0.0610 +0.0477%
Volume: 0.0000
May 20, 2022 4:59p
loading...
/zigman2/quotes/208948266/delayed
JP : Japan: Tokyo
¥ 4,370.00
+100.00 +2.34%
Volume: 2.23M
May 20, 2022 3:00p
P/E Ratio
13.43
Dividend Yield
2.43%
Market Cap
¥1618.31 billion
Rev. per Employee
¥13.82M
loading...
/zigman2/quotes/200860615/delayed
JP : Japan: Tokyo
¥ 2,659.00
+46.50 +1.78%
Volume: 4.74M
May 20, 2022 3:00p
P/E Ratio
29.49
Dividend Yield
0.60%
Market Cap
¥3358.75 billion
Rev. per Employee
¥27.45M
loading...
/zigman2/quotes/203281219/delayed
JP : Japan: Tokyo
¥ 1,502.00
+27.00 +1.83%
Volume: 2.72M
May 20, 2022 3:00p
P/E Ratio
19.84
Dividend Yield
2.66%
Market Cap
¥541.62 billion
Rev. per Employee
¥27.32M
loading...
/zigman2/quotes/208298710/delayed
JP : Japan: Tokyo
¥ 496.90
+13.90 +2.88%
Volume: 28.53M
May 20, 2022 3:00p
P/E Ratio
9.02
Dividend Yield
1.01%
Market Cap
¥1890.59 billion
Rev. per Employee
¥63.67M
loading...
/zigman2/quotes/210598100/delayed
AU : S&P ASX
7,145.60
+81.10 +1.15%
Volume: 698,129
May 20, 2022 5:07p
loading...
/zigman2/quotes/210598069/delayed
KR : Korea Exchange
2,639.29
+46.95 +1.81%
Volume: 755,652
May 20, 2022 3:30p
loading...
/zigman2/quotes/210598030/delayed
HK : Hong Kong Exchange
20,717.24
+596.56 +2.96%
Volume: 2.17M
May 20, 2022 4:08p
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Laura He is a MarketWatch reporter based in Hong Kong. Follow Laura on Twitter at: @lauraliuhe.

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