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On Wednesday (July 20th), the Nikkei closed up 1.2 per cent at 10,005.9, with a strong earnings report from Apple prompting a technology sector rally, according to Reuters.
Speaking to the newswire, Ichiyoshi Investment Management general manager Mitsushige Akino claimed there is some nervousness in the markets as a result of US and eurozone debt problems, but generally the index is on the up.
"We're likely to renew the post-quake high hit on July 8th going into the earnings season and the overall mood is rather bullish," he explained.
The success of Apple - which surpassed earnings estimates - caused the share price of several associated companies to rise, with many of the firms known suppliers of various device parts.
Posted by Chris Weaver
