403
Sorry!!
Error! We're sorry, but the page you were looking for doesn't exist.
Japan’s Nikkei Closes Thursday on High Note
(MENAFN) Japan’s benchmark Nikkei index closed at a historic high on Thursday, breaking through the 59,000 mark as investor confidence strengthened on optimism surrounding U.S.-Iran peace negotiations.
The 225-issue Nikkei Stock Average jumped 1,384.10 points, or 2.38 percent, from Wednesday to finish at 59,518.34. The milestone eclipsed the previous record closing high of 58,850.27 set on Feb. 27.
Meanwhile, the broader Topix index also advanced, rising 44.13 points, or 1.17 percent, to end at 3,814.46.
Market sentiment was lifted by expectations that Washington and Tehran may extend their ceasefire by an additional two weeks ahead of its looming deadline. Gains were further supported by strong performances in major technology stocks, which tracked momentum from their U.S. counterparts.
The 225-issue Nikkei Stock Average jumped 1,384.10 points, or 2.38 percent, from Wednesday to finish at 59,518.34. The milestone eclipsed the previous record closing high of 58,850.27 set on Feb. 27.
Meanwhile, the broader Topix index also advanced, rising 44.13 points, or 1.17 percent, to end at 3,814.46.
Market sentiment was lifted by expectations that Washington and Tehran may extend their ceasefire by an additional two weeks ahead of its looming deadline. Gains were further supported by strong performances in major technology stocks, which tracked momentum from their U.S. counterparts.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research
More Story
Comments
No comment