TOKYO, Jan 18 (Reuters) - Japan's Nikkei share average
soared to a level not seen since November 1991 on Thursday
morning after exporters such as electronics components
manufacturers surged, tracking the strength on Wall Street
The Nikkei rose 0.4 percent to 23,962.11 in
midmorning trade, after hitting 24,084.42, the highest level
since November 1991.
U.S. stocks jumped on Wednesday as investors' expectations
for higher earnings lifted stocks across sectors.
Japanese chip making equipment manufacturers jumped, with
Advantest surging 5 percent and Tokyo Electron
soaring 3.4 percent.
Electronic components makers Kyocera surged 1.3
percent, TDK soared 2.5 percent and motor maker Nidec
advanced 1.9 percent.
Drugmakers, on the other hand, lost ground, with Eisai
falling 1.7 percent and Astellas Pharma
sliding 1.3 percent.
The broader Topix, however, shed 0.1 percent to
(Editing by Sam Holmes)
© 2018 Thomson Reuters. All rights reserved. Reuters content is the intellectual property of Thomson Reuters or its third party content providers. Any copying, republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. "Reuters" and the Reuters Logo are trademarks of Thomson Reuters and its affiliated companies.