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Shares in Japan ended higher on Tuesday as investors bought into technology stocks, with the sector outperforming the broader market. Shares in Japan ended higher on Tuesday as investors bought into technology stocks. The sector outperformed the broader market.


Japanese shares rose on Thursday, with technology stocks tracking overnight strength on the Wall Street, despite investor caution ahead of the U.S. economic data.
The Nikkei share average (.N225) rose 0.42% to close at 27,696.08, after climbing as much as 1% earlier in the session. The broader Topix (.TOPX) gained 0.53% to 1,962,61.
The stock market rose overnight, with megacap growth stocks performing well due to a pause in rising interest rates, while investors were also encouraged to buy by upbeat earnings reports.
"The early gains on the Nikkei were cut because investors started selling shares as soon as the market showed a sign of a recovery," said Chihiro Ohta from SMBC Nikko Securities. "This caused the market to dip again, undoing the earlier progress."
There were few reasons for investors to buy with the long weekend ahead and the U.S. consumer data due out soon.
The Japanese markets will be closed on Friday because it is a public holiday.
Investors also took comfort in positive news headlines over recent days, suggesting that tensions between the West and Russia over Ukraine may be easing.
Tokyo Electron (8035.T) and Advantest rose 1.82% and 2.78%, respectively.
Honda Motor (7267.T) jumped 5.61% after the automaker raised its full-year operating forecast, aided by cost-cutting measures and a weak yen.
Technology investor SoftBank Group (9984.T) lost 2.3% and was the biggest drag on the Nikkei, followed by health equipment maker Terumo, which fell 4.84%.
Yamato Holdings, a delivery services firm, was the worst performer on Nikkei, tanking 12.07%.

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