Nikkei rallies 2% on softer yen, Japan leadership contest in spotlight
Japan’s Nikkei share average rallied more than 2% on Friday, buoyed by further softening of the yen after a strong advocate of “Abenomics” took the lead in first-round votes in the ruling Liberal Democratic Party’s leadership election. The Nikkei ended 2.32% higher at 39,829.56, its highest close since July 19, while the broader Topix finished…
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Japan’s Nikkei books best week since mid-August, but BOJ caps gains
Japan’s Nikkei share average rose on Friday and logged its best week since mid-August, but gains were capped as the yen strengthened after the Bank of Japan set the stage for future interest rate hikes The tech-heavy Nikkei ended the day up 1.53% at 37,723.91, with chip-sector stocks rallying in line with their U.S. peers….
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Japan’s Nikkei falls for seventh day as yen’s rally bites
Japan’s Nikkei share average fell for a seventh straight session amid widespread losses on Wednesday, as the yen’s rally to its strongest against the dollar this year weighed. The Nikkei closed down 1.5% at 35,619.77, after slumping over 2% to brush near Monday’s one-month intraday low of 35,247.87. The broader Topix fell 1.8% to end…
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