Nikkei closes up 1.23%, surpasses 29,000 mark for first time in 7 months
[Asia Economy Reporter Jeong Hyunjin] The Nikkei 225 index in Japan surpassed the 29,000 mark for the first time in seven months.
On the 17th, the Nikkei 225 index closed at 29,222.77, up 1.23% from the previous trading day, on the Tokyo Stock Exchange. It is the first time since January 6 that the Nikkei 225 has exceeded 29,000 in seven months. The Nihon Keizai Shimbun reported, "The news that inflation in the United States has peaked raised expectations that the pace of interest rate hikes will slow down, which pushed up stock prices."
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The TOPIX index closed the session up 1.26% at 2006.99.
This content was produced with the assistance of AI translation services.
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