Japan stocks closed higher on Wednesday, as gains in the Banking, Insurance and Finance and amp; Investment sectors led the shares higher, supported by statements of new Minister of Economy, Ryosei Akazawa, which reflected confidence in the Bank of Japans (BOJ) interest rate decisions.

The Nikkei 225 index ended todays session up 0.87%, or 340.42 points, to reach the index 39,277.96 points.

The broader Topix index rose 0.30%, or 8.09 points, to close at 2,707.24 points, the Tokyo Stock Exchange reported.

The US dollar rose against the Japanese yen by about 0.18% to 148.45 yen in morning trading.

Source: Qatar News Agency