Tokyo stocks rose Tuesday, led by solid technology shares, as investors snapped up oversold stocks a day after the benchmark Nikkei index lost nearly 2 percent.
The 225-issue Nikkei Stock Average ended up 379.67 points, or 1.00 percent, from Monday at 38,482.11. The broader Topix index finished 15.75 points, or 0.58 percent, higher at 2,715.76.
On the top-tier Prime Market, gainers were led by marine transportation, precision instrument and service issues.
The U.S. dollar was firmer near the 158 yen line in Tokyo, as market participants awaited U.S. economic data due out later in the day for clues on the Federal Reserve's next move on an interest rate cut.
The Nikkei rallied back after logging its biggest fall since late April on Monday, helped by the tech-heavy Nasdaq's record close overnight, brokers said.
Market sentiment was also lifted by gains in French stocks Monday after sharp falls last week amid fears of political turmoil in the wake of President Emmanuel Macron's decision to call a snap parliamentary election, brokers said.
"Uncertainty over the economic picture including in France remains, making investors wary of further active buying," said Masahiro Ichikawa, chief market strategist at Sumitomo Mitsui DS Asset Management Co.
Among Japanese tech stocks, Apple Inc. suppliers TDK and Taiyo Yuden finished higher, while Nintendo rose after the gaming giant said Tuesday it will release a follow-up to its hit "The Super Mario Bros. Movie" in April 2026 in Japan.
Rakuten Group gained after saying Monday its subsidiary Rakuten Mobile Inc. has sold over 7 million contracts, its fastest growth in new contracts in a three-month period.
