Japanese index Nikkei on Tuesday advanced thanks to gains from chip-makers and chip-related stocks. The index touched an all time high of 45,055.38.

Although the mood in the broader Japanese markets was not bullish, the index advanced thanks to chip-making stocks. According to analysts the exchange could have set the record a day ago had it not been for the public holiday.

On the Tokyo exchange, 30 percent of the 1,600 stocks fell while 2 percent traded flat. Major contributors on Tuesday were stocks such as Advantest (up by 1.29 percent); Tokyo Electroni (1.9 percent); Sumco (9 percent); Disco (8.23 percent) & Resonac Holdings (6.09 percent).

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