TOKYO, Oct 15 (Reuters) - Japanese shares rose on Tuesday in
a delayed response following a market holiday to a potential
U.S.-China trade deal outlined by President Donald Trump last
week.
Reopening after Monday's close, the Nikkei average was
nearing the five-month peak it reached late last month. Some
gains were due to speculation about reconstruction demand due to
Typhoon Hagibis, which has hit a wide swathe of central and
eastern Japan.
The Nikkei share average .N225 rose 1.78% to 22,187.95,
within sight of its five-month peak of 22,255.56 set on Sept. 19
while the broader Topix .TOPX gained 1.74% to 1,623.02, near
nine-month high of 1,635.88 touched late last month.
Shippers .ISHIP.T , sensitive to a U.S.-China trade war,
jumped 4%, with Kawasaki Kisen 9107.T rising 7.1% and Mitsui
OSK Lines 9104.T 5.2%.
Industrial robot manufacturer Fanuc 6954.T rose 2.8% while
electronic parts manufactures also advanced, with Murata
Manufacturing 6981.T up 1.5% and TDK Corp 6762.T up 2.5%.
Screen Holdings 7735.T , maker of semiconductor
manufacturing machines, rose up to 3.5% to hit a one-year high.
Construction sector .ICONS.T gained 2.3% after the Typhoon
Hagibis has caused extensive damages, with rivers flowing out of
banks in more than 50 places across the country.
Kitano construction 1866.T , based in Nagano, one of the
worst hit areas, rose 13.8%.
Household appliance makers were also helped by hopes of
fresh demands for goods such as refrigerators and washing
machines.
Hitachi 6501.T rose 3.2% while Panasonic 6752.T gained
2.4%. Suzuki Motor 7269.T , manufacturer of light automobiles,
gained 4.4%.
East Japan Railway 9020.T dropped 0.7% due to damages to
some of its facilities, including 120 bullet trains cars that
were swamped by flood.