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Japan share market finished session higher on Monday, 17 January 2022, as investors snapped up battered shares after the benchmark Nikkei index fell to its one-month low late last week, with technology shares being notable gains on following their U.S. peer higher. Market gains were, however, limited as fears that an expected expansion of a COVID-19 quasi-state of emergency by the Japanese government would hurt the economy. The Japanese government is considering declaring a quasi-emergency for Tokyo and three nearby prefectures, expanding the measure beyond the areas already covered since 9 Jan 2022. Under the quasi-emergency, dining establishments in areas subject to the restrictions are asked to shorten their business hours, and people are requested to refrain from traveling across prefectural cellpadding='0' cellspacing='1' borders. At closing bell, the 225-issue Nikkei Stock Average rose 209.24 points, or 0.74%, to 28,333.52. The broader Topix index of all First Section issues on the Tokyo Stock Exchange added 9.05 points, or 0.46%, to 1,986.71. Semiconductor-related shares advanced on tracking strength in their U.S. peer. Taiyo Yuden rose 1.4% to 6,350 yen, while blue-chip Tokyo Electron advanced 0.4% to 65,510 yen. Energy-related stocks drew buying after crude oil futures rose in New York trading late last week, with Inpex adding 3.1% to 1,123 yen, while Idemitsu Kosan was up 0.3% at 3,150 yen. CURRENCY NEWS: The Japanese yen traded at 114.41 per dollar, compared with 114.14-24 in New York and 113.79-80 in Tokyo on Friday. Powered by Capital Market - Live News
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