Nikkei 225 Today: Japan Stocks Rise 0.61% to 66,532; Check Key Market Drivers Behind The Rally
India, Aug. 28 -- Japan's Nikkei 225 finished higher on Friday, August 28, rising 400.04 points, or 0.61%, to 66,532.02. The index recovered from a largely flat start and outperformed several other Asian markets. Investor sentiment was supported by gains in US technology stocks, while domestic inflation data and movements in oil prices also influenced trading.
What Drove The Nikkei 225 Higher?
Japanese technology stocks received a boost from Wall Street after Nvidia posted a strong sales outlook and its shares jumped nearly 9%. The rally encouraged buying in Japanese semiconductor and AI-related companies. Investors also digested Tokyo's latest inflation figures. Core consumer inflation in the capital accelerated to 1.8% in August from ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.