"Today is the last day to have rights to receive dividends as of the end of September, so investors are inclined to buy shares after prices declined"
- Fumiyuki Nakanishi, a strategist at Tokyo-based SMBC Friend Securities Co.
Japanese shares rose on Tuesday as investors purchased stocks ahead of deadline for dividend payments.
The Nikkei 225 Stock Average climbed 0.25 per cent, or 22.25 points, to 9,091.54. The broader Topix Index added 0.53 per cent, or 3.98, to 757.66.
"Today is the last day to have rights to receive dividends as of the end of September, so investors are inclined to buy shares after prices declined," said Fumiyuki Nakanishi, a strategist at Tokyo-based SMBC Friend Securities Co.
"What happens from now on is the deteriorating German confidence will spread to the real economy, and the euro region's economy will contract."
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