Nikkei breaches 59,000 after early rate hike prospect wanes, Nvidia results
Tokyo's Nikkei index soared past 59,000 for the first time on Thursday, shattering its previous record. This surge was fueled by diminishing hopes of an immediate Bank of Japan interest rate hike and impressive performance from chip giant Nvidia. ...
By Reuters |
AP
Japan's Nikkei share average surpassed the 59,000 mark for the first time on Thursday, breaking a record set in the previous session, over waning expectations of an imminent Bank of Japan rate hike and robust results from chipmaker Nvidia.
The benchmark Nikkei 225 Index rose 1.2% to 59,295.93 in early trading. The broader Topix climbed 1.2% to 3,890.08. So far, the Nikkei is up 16.4% for the year.
There were 126 advances on the Nikkei index against 43 decliners.
The benchmark Nikkei 225 Index rose 1.2% to 59,295.93 in early trading. The broader Topix climbed 1.2% to 3,890.08. So far, the Nikkei is up 16.4% for the year.
There were 126 advances on the Nikkei index against 43 decliners.
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