Nikkei 225 Reaches New All-Time High as Japanese Equities Surge, but Falls 1.10% at Close of Trade
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Japanese equities continued their upward trend on Thursday, with the Nikkei 225 surging 2.08% to reach a new all-time high. The gains were driven by the Paper & Pulp sectors, propelling shares higher. Concordia Financial Group Ltd, Tokyo Electric Power Co., Inc., and Chiba Bank Ltd were among the biggest gainers on the Nikkei 225, while Sapporo Holdings Ltd., DOWA Holdings Co., Ltd., and Nippon Yusen K.K. were among the biggest losers. The positive performance of Japanese equities comes ahead of the Bank of Japan's rate decision tomorrow. In commodities trading, crude oil and gold prices rose, while the USD/JPY and EUR/JPY currency pairs fell. The US Dollar Index Futures was down 0.12% at 102.93.
On Friday, Japan equities continued to rise, with the Nikkei 225 adding 0.15% to hit a new al...
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