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LoginJapanese Stocks Rise as Fed Rate-Hike Expectations Ease
Tokyo, August 14 (QNA) - Japan's Nikkei stock index rose on Friday, buoyed by fading expectations of a near-term US Federal Reserve interest-rate hike.
The benchmark Nikkei 225 climbed 0.85% to 68,889.01 by the midday break and was on track for a weekly gain of around 5%.
The broader TOPIX index advanced 0.69% to 4,204.99, putting it on course for a record closing high
Among Nikkei 225 constituents, 145 stocks advanced, 77 declined and one was unchanged. (QNA)
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