After the delayed interest rate hike by the Bank of Japan, the Nikkei average stock price temporarily recovered to 36,500 yen.
The Nikkei average continued to rise significantly for six consecutive trading days, closing up 406.92 yen at 36,452.30 yen (Volume estimated at 1.8 billion 60 million shares). Amid the sharp surge in the after-hours trading of U.S. Microsoft and Meta Platforms Inc, buying started to lead in the Tokyo market, particularly in the Semiconductors sector. Additionally, the depreciation of the yen to the 144 yen level against the dollar following the announcement of the Bank of Japan's monetary policy decision was also viewed as favorable, increasing the number of export-related stocks that gained in value.
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On the 30th, the Nikkei average stock price opened at 35,946.88 yen, up by 106.89 yen.
On the 30th, the Nikkei average stock price opened at 35,946 yen and 88 sen, up 106 yen and 89 sen from the previous day. Provided by Wealth Advisor Company.
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Cui Nyonya Kueh : Thank you see you tomorrow !