Nikkei closes higher after US interest rate hike

Tokyo (Archyde.com)
The Nikkei index closed at its highest level in more than two weeks today, Thursday, following the path of a strong rise on Wall Street last night, following the Federal Reserve (the US Central Bank) raised interest rates as expected, while boosting hopes of a breakthrough in the conflict. Russian-Ukrainian sentiment. The Nikkei index jumped 3.46 percent to 26,652.89 points, its highest closing level since March 1.
The broader Topix index rose 2.47% to 1899.01 points.
Wall Street’s main indices rose in the evening following the US central bank raised the interest rate for the first time since 2018, and announced a plan to further raise interest rates to combat inflation. The SoftBank investment group’s share jumped 5.89 percent, following the rise in the share of Alibaba, one of the group’s holdings, by regarding 40 percent in US trading.
Other leading shares, including Fast Retailing, owner of clothing store Uniqlo, rose 6.92 percent, and Tokyo Electron rose 4.86 percent.

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