The stock market in Japan started the new stock exchange month with a solid profit on Monday.
Investors pushed aside concerns about the lockdown measures in Europe and relied on stronger-than-expected quarterly figures from Japanese companies.
A sustained increase in Chinese industrial activity also provided some support for trade. In addition, the presidential elections in the United States, to be held on Tuesday, were also anticipated.
The main index in Tokyo, the Nikkei 225, ended 1.4 percent higher at 23,295.48 points. On a macroeconomic basis, it appeared that activity in the Japanese industry declined less firmly than expected in October.
Heavyweight Keyence was up 2 percent on a positive quarterly report from the Japanese developer of sensors and other electronic products. The results of the Japanese power tool manufacturer Makita (plus 8.3 percent) were also popular with investors. Tobacco group Japan Tobacco, which also came up with figures, climbed 6 percent.
The other major stock exchanges in the Asian region also showed gains predominantly. In Shanghai, the stock market dropped 0.1 percent in the meantime, and the Hang Seng index in Hong Kong gained 1.1 percent.
Figures from market researchers Caixin and Markit showed that activity in the massive Chinese industry increased for the sixth month in a row in October.
The official figure from the Chinese government also pointed to further growth in the industry. In Seoul, the Kospi rose 1.3 percent and the Australian All Ordinaries in Sydney climbed 0.4 percent.
