//
The benchmark index climbed by one per cent to close at 8,823.25 points, while the Topix Index rose by 0.7 per cent.
Improvements in the stock market may be attributable to the renewed confidence that the debt crisis in Europe will be brought under control.
When trading finished in Japan, the Nikkei 225 stock average had risen to the highest close seen since September 16th.
Mitsushige Akino, who oversees $600 million (£381 million) at Ichiyoshi Investment Management Company, told Bloomberg: "At the very least, there's less fear that Europe's debt problem is going to spill over into the financial system."
Among the stocks to advanced today were Mitsubishi UFJ Financial Group, which gained 2.1 per cent following the European Commission's call for a reinforcement of banks hit by the debt crisis.
Two days ago, the Nikkei closed at 8,773.68 points, which was the highest level seen over the preceding three-week period.
Posted by Greg Secker
