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TOKYO: Japanese stocks had their best day in four weeks on Tuesday, with exporters lifted by the yen's weakening against the dollar and technology shares boosted by gains for Wall Street counterparts.
The Nikkei share average ended the day 1.3 per cent higher at 22,664.69.
The per centage gain was the biggest day since Aug.
14 and the close was the highest since Sept 4.
"The yen's depreciation is the key driver, with gains by the SP 500 and Nasdaq providing additional support," said Yutaka Miura, senior technical analyst at Mizuho Securities.
"Trade friction remains a concern, but the United States is yet to activate the tariffs on $200 billion worth of Chinese imports, allowing for some short covering to kick in and lift the Nikkei," he said.
The yen slipped against the dollar for the third day, lifting exporters.
Toyota Motor Corp rose 1.6 per cent, Panasonic gained 0.79 per cent and Tokyo Electron was up 1.15 per cent.
Bridgestone Corp added 0.43 per cent.
Technology shares climbed as their US counterparts bounced overnight following last week's large losses, with the tech-heavy Nasdaq climbing 0.3 per cent.
Renesas Electronics Corp, which announced on Tuesday it is buying US peer Integrated Device Technology Inc for about $6.7 billion, jumped 4.4 per cent.
With the deal, Renesas aims to boost its expertise in self-driving car technologies.
Advantest Corp rose 2.51 per cent, SUMCO Corp advanced 2.29 per cent and Screen Holdings climbed 2.54 per cent.
Kyocera Corp was up 2.34 per cent.
Shares of Kaga Electronics Co surged 5.41 per cent after the semiconductor manufacturer announced it would buy Fujitsu Electronics from Fujitsu Semiconductor for 20.54 billion yen ($184 million).
Samco Inc, a manufacturer of equipment used to make electronic components, gained 5.17 per cent after reporting strong earnings, with sales for the year through July 2018 surging 74.9 per cent from the previous year to 5.47 billion yen.
Suminoe Textile co rose 5.45 per cent after the company said it will repurchase 500,000 shares, or 6.6 per cent of outstanding stock.
Convenience store chair operator Lawson Inc dipped 0.3 per cent after saying existing store sales fell 0.2 per cent in August from the previous year.
Fellow convenience store operators Seven i Holdings Co and FamilyMart UNY Holdings Co rose 1.47 per cent and 3.78 per cent, respectively, after they posted increases in August same-store sales.
Of Tokyo's 33 sub-indexes, 27 closed in positive territory.
The broader Topix added 0.67 per cent to 1,698.91.
($1 = 111.4300 yen)
