Japanese markets end higher as auto sector outperforms

Feb 11, 2021 AlShorts Web Desk

Japanese stock markets ended higher on 10 February after positive earnings reports from market majors Toyota and Honda boosted confidence. Toyota hiked profit forecast 54%, diminishing the global chip supply issues. The Nikkei index jumped 0.19% at 29,562.93 while the broader Topix rose 0.27% to 1,930.82. This year, the Nikkei has rallied more than 7% to its highest level since 1990.