Nikkei 225 rises in thin trading

Most major markets were closed on Monday.

In Japan, the Nikkei 225 rose 0.16 percent to close at its highest since 9 January 1992.

“Purchases of exchange-traded funds by the Bank of Japan and buying of semiconductor-related issues probably helped push up the market,” said Yoshihiko Tabei, chief analyst at Naito Securities Co.

However, falling issues outnumbered rising ones 1,073 to 889 on the TSE’s first section and volume declined to 1.056 billion shares from Friday’s 1.489 billion shares.