Japanese Market Sharply Higher At All-time Highs

India, May 26 -- The Japanese stock market is trading sharply higher on Wednesday, reversing the losses in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving above the 65,900 level to fresh all-time highs, with gains in technology stocks partially offset by weakness in automakers and financial stocks.

The benchmark Nikkei 225 Index is up 919.94 or 1.42 percent at 65,916.03, after touching a fresh all-time high of 66,428.81 earlier. Japanese stocks ended modestly lower on Tuesday.

Market heavyweight SoftBank Group is declining almost 4 percent, while Uniqlo operator Fast Retailing is gaining almost 4 percent. Among automakers, Honda is edging down 0.2 percent and Toyota is losing almost 1 pe...