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Japanese stocks advanced on Wednesday, with the benchmark Nikkei 225 index climbing 0.78% amid broad-based gains. Strength in the banking, real estate, and textile sectors propelled the market higher.
Japan's Nikkei 225 benchmark ended Tuesday's session virtually unchanged, as strong gains in technology shares like SoftBank Group were offset by broad losses in cyclical sectors.
Japan's Nikkei 225 benchmark index fell 0.58% on Monday, dragged down by losses in technology and transport stocks, even as a majority of companies on the broader Tokyo Stock Exchange advanced.
Japan's Nikkei 225 index is approaching the pivotal 62,500 support level, with technical analysis from Investing.com indicating a breakdown could trigger a significant sell-off.
Japanese stocks ended the week on a downturn, with the benchmark Nikkei 225 index falling nearly 2% as losses in the paper, transport, and communication sectors weighed on the market.
Japanese robotics firm Fanuc and Google have co-developed an AI-powered welding system that can work directly from blueprints, potentially revolutionizing industrial automation. According to Nikkei, deliveries of the Gemini-based system are set to begin in December.
