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TOKYO (AP) - Japanese stocks rallied to a three-month high Thursday, lifted by gains in export-sensitive shipping and machinery shares after Wall Street rose to new records overnight.
The Nikkei 225 index rose 287.49 points, or 1.64 percent, to finish at 17,875.75 points on the Tokyo Stock Exchange — the index's highest close since Feb. 27. On Wednesday, the average fell 0.48 percent on concern about a drop in Chinese stocks.
"The overall trend looks positive for shares in Japan, given the solid performance on U.S. and European markets despite Chinese markets' woes," said Masanaga Kono, strategist at Societe Generale Asset Management.
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