TOKYO, Oct 8 (Reuters) - Japanese shares closed higher on
Thursday, following an upbeat Wall Street session overnight, as
hopes for a partial deal on U.S. coronavirus stimulus boosted
The benchmark Nikkei share average rose 0.96% to
23,647.07, hovering near levels hit on Feb. 20. There were 134
advancers on the index against 84 decliners.
The broader Topix gained 0.55% to 1,655.47.
All but six of 33 sector sub-indexes on the Tokyo exchange
traded higher, with shippers, iron and steel
and services leading advancers on the main
Overnight, all major indexes on Wall Street ended sharply
higher as President Donald Trump urged Congress to pass
piece-meal aid packages for coronavirus relief, after he had
abruptly called off negotiations on a comprehensive bill.
Tokyo stocks were also boosted by a moderate rise in E-Mini
futures for the S&P 500 after the U.S. vice-presidential
debate, last up 0.37%.
But analysts said some investors stayed on the sidelines as
earnings results take centre stage again later this month.
Japan's semiconductor shares rose on positive cues from
their U.S. counterparts, with Screen Holdings jumping
more than 8%, Advantest Corp climbing 5.37% and Disco
Corp adding 3.79%.
Among sectors, airlines bucked the overall trend
to fall 1.23%, as firms have been hammered by a collapse in
international air travel due to the coronavirus outbreak.
ANA Holdings shed 1.67% after it proposed to the
labour unions at its main carrier ANA to seek workers to leave
voluntarily. The company also said it was cutting winter bonuses
to zero and reducing monthly salaries.
Meanwhile, Japan Airlines slipped 0.67% after its
president said on Thursday the company wants to bolster discount
carrier operations to capture tourism demand.
Elsewhere, the Mothers Index of start-up firms rose
more than 2%, posting gains for a fourth consecutive day.
(Reporting by Eimi Yamamitsu;
Editing by Vinay Dwivedi)