Japanese stocks closed near their highest level in 30 years after the start of the Covid-19 vaccination campaign in Britain.
According to Reuters, the Nikkei index rose 1.33% to 26,817.94 points, its highest closing level since April 17, 1991.
The broader Topix index increased 1.17% to 1,779.42 points.
and support for the apparent progress towards an American stimulus package, hopes for a rapid global economic recovery, as well as local data on machinery sentiment.
Machine recovery
SoftBank Group shares accounted for most of the gains in the evening session, and the company's share jumped 7% after a Bloomberg News report that the group is considering buying back shares to increase CEO Masayoshi Son's stake .
The sentiment was further boosted by data showing that major machinery orders in Japan recorded a strong recovery in October compared to a decline in the previous month.
Orders increased 17.1%, the largest monthly increase since data became available in 2005 and far exceeded analysts' expectations in a Reuters poll of 2.8%.
shares of machinery manufacturers Komatsu, SMC and FANUC rose between 2.27% and 2.98%.
record rally in American stocks
and the S&P and Nasdaq hit record highs last night in the close of US stocks.
The increase is due, among other things, to the support coming from the healthcare sector on the back of positive news about the Covid-19 vaccine.
The Dow Jones Industrial Average rose 104.09 points, equivalent to 0.35% to 30,173.88 points.
and the Standard & Poor's 500 index closed up 10.29 points, or 0.28% to 3702.25 points.
The combined Nasdaq index increased 62.83 points, or 0.5%, to 12,582.77 points.
