Reported about 11 hours ago
Japanese stock indices hit record highs this week, driven by unexpectedly robust GDP growth that fueled hopes of a Bank of Japan interest rate hike. The Topix Index soared 1.6% to 3,107.68, with banking stocks leading gains and attracting foreign investment. Notably, the Nikkei index rose 1.7%, bolstered by optimism around AI investments from major firms like SoftBank. As capital spending and consumption exceeded expectations, market analysts anticipate further growth in the coming months.
Source: YAHOO