Wall Street displayed positive momentum, while the Swiss stock market incurred losses, with major players Novartis, Roche, and Nestlé all experiencing declines.

TDK, a leading electronic components manufacturer in Japan, saw a surge of seven percent after increasing its full-year operating profit forecast to 220 billion yen, representing a 27 percent rise from the previous year.

Nomura Holdings also experienced an eight percent increase following the announcement of more than doubling its quarterly profit, reaching its highest level in four years.

Sanrio, the company known for its "Hello Kitty" brand, witnessed a 14 percent jump in shares after upgrading its full-year net profit forecast.

However, market analysts caution that the current momentum may be short-lived due to investor wariness ahead of the upcoming US presidential election, leading to high volatility in the Nikkei index.