Tokyo Stock Exchange

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Japan's benchmark Nikkei 225 stock average briefly climbed more than 700 points on Wednesday morning, reaching a new all-time intraday high following overnight gains in key U.S. stock indexes. At 9:25 a.m., the index stood at 58,047.89, up 726.80 points or 1.27 percent from the previous day.

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Japanese streetwear firm Human Made, founded by designer Nigo, priced its initial public offering on the Tokyo Stock Exchange at the top of its marketed range of ¥3,130 per share. The IPO, involving sales from existing shareholders including Nigo and Pharrell Williams, raised ¥17.8 billion ($115 million). Trading is set to begin on November 27.

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