Tokyo stocks staged a late rally today, finishing in positive turf on investor hopes that a delayed emergency economic package would not disappoint.
"Investors in Japan have simply waited too long for market reforms," said Mr Masaaki Higashida, deputy general manager of Nomura Securities' investment information and services department.
Gains in banks, securities and real estate issues - those standing to benefit most directly from the package - helped Tokyo's major indices gain ground.
The benchmark Nikkei average tacked on 0.90 per cent or 118.31 points to 13,242.78, recovering from a morning dip of almost two per cent on news that the emergency economic package would be postponed to Friday.
The capital-weighted TOPIX index rose 0.80 per cent or 10.41 points to 1,304.37.