Japan Smaller Capitalization Fund Inc shares rise 1.53% after-hours as Japanese stocks rally on renewed optimism over domestic corporate outlook.

Japan Smaller Capitalization Fund Inc. rose 1.53% in after-hours trading. The increase in stock price can be attributed to the positive sentiment in the Japanese market, with the Nikkei share average ending at a record high on Monday. The broader Topix index also rose, indicating a bullish trend in the Japanese stock market. This optimism is driven by renewed expectations of domestic corporate growth and economic expansion, as well as the anticipation of continued foreign investment in Japanese stocks.