Economic TimesLean R·
Japan's Nikkei rises as chip shares gain, BOJ's rate hike prospects weigh
Japan's Nikkei share average saw an increase on Thursday, driven by chip-related stocks. These gains were tempered by concerns over an early interest rate hike from the Bank of Japan. Advantest and Tokyo Electron shares experienced notable upward movement during the trading session. Conversely, retailers focused on domestic demand saw their stock values decline. Bank shares rose as government bond yields jumped on rate hike expectations.
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