Nikkei 225 rises intraday for third straight trading day... Japanese manufacturing sentiment highest in over 5 years

Japan’s Nikkei 225 rose intraday for a third straight session on Nov. 11 as a Reuters monthly corporate survey showed the manufacturing sentiment index at plus 27—the highest in more than five years—based on responses from 214 of 508 companies. The reading is calculated as the share of optimistic minus pessimistic respondents, and sector gauges strengthened, with electronics up from plus 25 to plus 39 and precision machinery rising from plus 38 to plus 42. An electronics machinery executive cited particularly strong memory semiconductor demand. The data matter because they signal resilient Japanese manufacturer confidence despite global trade and tech-cycle uncertainty, supporting the case for continued domestic earnings momentum. Next, watch whether the Nikkei 225 holds its intraday gains through the close and whether the strength in electronics and precision machinery feeds into upcoming orders, production and capital spending indicators.