Japan's Nikkei rose to near five-week highs on Monday morning, tracking a positive note in Wall Street after the U.S. Federal Reserve Chairman Jerome Powell affirmed the Fed's current rate hike policy.
The Nikkei share average rose 0.9 percent to 22,797.27 in midmorning trade, after touching 22,813.27, the highest level since July 20. The broader Topix gained 0.8 percent to 1,723.19.
Japanese stocks followed gains in U.S. shares, with all but the mining and airline sectors in positive territory. Exporters such as automakers and tech companies led the gains.
Source : Reuters