Tokyo stocks rose Wednesday morning, as sentiment was boosted by Wall Street gains on hopes that the Federal Reserve may slow the pace of interest rate hikes following weaker-than-expected U.S. economic data.
The 225-issue Nikkei Stock Average climbed 326.87 points, or 1.20 percent, from Tuesday to 27,577.15. The broader Topix index was up 18.13 points, or 0.95 percent, at 1,925.27.
On the top-tier Prime Market, gainers were led by pharmaceutical, precision instrument, and service issues.