Shares of Seven & I Holdings, which owns 7-Eleven and is the target of a takeover bid, jumped after a media report about an improved bid.
The Nikkei rose by 0.87 percent to end the day’s trading at 39,277.96 points. Chip and technology companies were the top gainers.
It also rose Topix indicator The broader index rose 0.3 percent, with the sub-index for shares of fast-growing companies rising 0.85 percent, but shares of value companies fell 0.23 percent.
And she started Japanese stocks Trading on Wednesday was on the rise, but momentum declined during the session until trading received a boost in the middle and during the afternoon session from Beijing’s announcement that the Ministry of Finance would publish details of fiscal stimulus plans on Saturday.
Shares of Seven & I, which is resisting a takeover offer made by Alimontacion Kosh-Tar, which owns the Circle K brand, jumped as much as 11.77 percent after Bloomberg reported that the Canadian retailer is preparing to improve the offer to $47 billion. The stock ended the day up 4.71 percent.
Seven & I confirmed that it received an improved offer after the end of trading.
Fast Retailing shares rose 1.14 percent and came in second place as the biggest gainer in points on Wednesday on the Nikkei Index, mainly due to its very large weight on the index.
Advantest shares, a supplier of the giant Nvidia company, came in first place, rising 3.65 percent.
The rest of the top five places went to Tokyo Electron, Recruit Holdings, and SoftBank Group.
But comp Energy The losses were led by the decline in prices Oil Raw. Inpex Refining shares were the worst performers among the stocks listed on the Nikkei, down 3.04 percent, while Idemitsu Kosan shares lost 2.58 percent.
