Japan’s Topix rises as banks and services lead on earlier rate-hike expectations
Japan’s Topix rose, led by gains in banking and services stocks. The index climbed 0.3% to 4,112.59, while the Nikkei fell 0.1% to 66,886.70. Growing expectations that the Bank of Japan could raise interest rates earlier boosted bank shares. A group whose name is missing from the source contributed the most to the Topix’s gain, rising 2.3%. Of the index’s 1,637 constituents, 942 rose, 608 fell and 87 were unchanged.
Japan’s Topix rose, led by gains in banking and services stocks. The index climbed 0.3% to 4,112.59, while the Nikkei fell 0.1% to 66,886.70.
Growing expectations that the Bank of Japan could raise interest rates earlier boosted bank shares. A group whose name is missing from the source contributed the most to the Topix’s gain, rising 2.3%.
Of the index’s 1,637 constituents, 942 rose, 608 fell and 87 were unchanged.
Growing expectations that the Bank of Japan could raise interest rates earlier boosted bank shares. A group whose name is missing from the source contributed the most to the Topix’s gain, rising 2.3%.
Of the index’s 1,637 constituents, 942 rose, 608 fell and 87 were unchanged.