Japanese stocks are expected to continue rising, as the US ISM manufacturing index exceeds financial estimates - buying interest in semiconductor-related stocks.

The Tokyo stock market is expected to continue rising on the 3rd. The November manufacturing composite purchasing managers' index released by the Institute for Supply Management (ISM) exceeded market expectations, leading to increased risk appetite among investors. The Philadelphia Semiconductor Index (SOX) was high in the US market, and related stocks are likely to be bought in Japan as well.

The settlement price of the Nikkei Stock Average futures (denominated in yen) on the Chicago Mercantile Exchange (CME) was 38,615 yen, which is 145 yen higher than the regular trading closing price on the Osaka Exchange (38,470 yen). The US S&P 500 stock index and Nasdaq Composite Index reached record highs - with the yield on the 10-year US Treasury rising to around 4.2%, up 2 basis points.