December 2, 2019 4:43 PM
The benchmark Nikkei 225 index added 1.01%, or 235.59 points, to 23,529.50, its highest close since October 2018.Investors perked up after China said Saturday that its closely watched Purchasing Managers’ Index , a key gauge of activity in the country’s factories, rose to 50.2 in November. The Tokyo market also cheered the relative strength of the dollar, which stood at 109.64 yen, compared with 109.52 yen late Friday in London.
“Hong Kong and Shanghai shares gained on Chinese PMI data,” adding to the general optimism in the market, the brokerage said.
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