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Japan Stocks Rise as Yen Weakens After Bank of Japan Raises Rate

Tuesday, 19 March 2024 13:20 WIB Saham Jepang IndeksTopix IndeksNikkei 225

Japanese stocks rose as the yen weakened after the Bank of Japan brought an end to the world’s last negative rates in a widely expected move while keeping financial conditions easy for now.  Topix rose 1.1% to 2,750.97 as of 3 p.m. Tokyo time Nikkei 225 advanced 0.7% to 40,003.60 The central bank’s decision to end its negative-interest-rate policy has left markets largely unruffled because it was flagged well in advance, and the nation’s stocks should be able to extend their recent rally, analysts said. Investors expect further rate increases from here to be gradual, which builds the case for Japanese equities to advance.  Exporters were supported by the weaker...

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