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Yesterday (October 27th), it reached 124.58 at 15:09 local time in Tokyo, which represented an improvement of 1.3 per cent on the previous day.
Speaking to Bloomberg, chief strategist at Toyota Asset Management Masaru Hamasaki, commented: "Risk appetite should rise after Europe delivered a big answer to the debt crisis that's plagued the market for a long time. I expect stocks to be firm after jumping."
For every stock that declined this week, two rose, while nine out of ten industry groups on the gauge recorded an advance.
Honda Motor Company's stocks increased in value by 4.4 per cent after household purchases figures from the US were revealed to be higher than expected.
Yesterday, the Nikkei 225 index also made gains, climbing two per cent on the back of positive news from the meeting of European policymakers.
Posted by Greg Secker
