Japanese shares extend gains as softer yen lifts exporters

An electronic stock board showing the Nikkei 225 Stock Average figure displayed inside the Kabuto One building in Tokyo, Japan, on Thursday, June 1, 2023. index. - Bloomberg

TOKYO: Japanese stocks climbed for a second straight session on Thursday, as a softer yen boosted exporters while tech shares resumed a rally after traders assessed the prospects of further investments in the chip industry.

Shares of Nissan Motor jumped 3.5% as the yen trading near the weakest in more than seven months boosted the value of its overseas sales. Rival Mazda Motor climbed 1.42%