Japan’s Nikkei closed higher on Monday, extending gains for the eighth consecutive session as investors continue to buy discounted domestic stocks amid optimism about companies’ efforts to boost investors’ returns.
The index hit 33-year highs on Friday, supported by continued improvement in shareholder returns, strong positive expectations for corporate performance and a decline in the yen’s currency.
The Nikkei rose 0.9% to 31,086.82 points, its highest close since July 1990, and the longest streak of gains since April 2023.
The broader Topix index rose 0.66% to 2,175.90 points.
The insurance sector topped the winning subsectors and jumped 2.35%.
Airline and rail sectors rose 2.21% and 1.62%, respectively.
GOOGL 
AMZN 
MET 
T 
WPM 
DM 
SVM 
CMC 
HKDUSD=X 
BABA 