TOKYO, Nov. 2 (Xinhua) -- Tokyo stocks rose Thursday after technology issues were supported by Wall Street gains after the U.S. Federal Reserve indicated it has come to the end of its long-running interest rate hiking cycle.
Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended up 348.24 points, or 1.10 percent, from Wednesday at 31,949.89.
The broader Topix index, meanwhile, finished 11.71 points, or 0.51 percent, higher at 2,322.39.
Analysts said Tokyo's stock market responded positively to the gains in U.S. shares after the Fed decision and hopes that the central bank's tightening policy to tame inflation has been effective following some weaker-than-expected economic data.
On the top-tier Prime Market, gainers were led by service, electric power and gas and air transportation issues.
Among semiconductor-related stocks tracking gains in the technology-heavy Nasdaq index overnight, Screen Holdings climbed 573 yen, or 7.7 percent, to 8,014 yen, and Advantest increased 359 yen, or 10.0 percent, to 3,949 yen. ■
