Japanese stocks are moving higher, with Csop Nikkei 225 Index Etf (03153.HK) up more than 3.5% in early trading.

NewTimeSpace News: Wind data shows that on January 9, Japanese stocks climbed, with the Nikkei 225 closing 1.6% higher, thanks to a weaker yen and signs of U.S. economic strength. Csop Nikkei 225 Index Etf (03153.HK) surged more than 3.5% in morning trading, leading Hong Kong-listed equity ETFs.

Exchange data show CSOP Nikkei 225 (03153.HK) tracks the Nikkei 225, Japan’s most representative benchmark, compiled by Nikkei Inc. from the 225 most liquid, largest-cap, sector-leading ordinary shares listed in Japan.

Among constituents, Fast Retailing rocketed to a record high after posting robust quarterly results and raising its full-year outlook. The stock closed up more than 10% at ¥62,600—only the third time in three years it has gained more than 7% in a single session.

Uniqlo’s Japanese parent added after the Thursday close that net profit for the three months ended November rose 12% year-on-year to ¥147.45 billion, beating the ¥132 billion consensus from Visible Alpha. The company now forecasts full-year net profit through August will climb 3.9% to ¥450 billion, up from its prior estimate of ¥435 billion.

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