Japan's Nikkei books best week since mid-August, but BOJ caps gains
- Posted on September 20, 2024
- By Business News Today
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Japan's Nikkei books best week since mid-August, but BOJ caps gains
Japan's Nikkei share average rose by 1.53% on Friday, marking its best week since mid-August. Gains were limited as the yen strengthened following the Bank of Japan's hint at future interest rate hikes. The broader Topix index also advanced, with chip-sector stocks rallying and Tokyo Electron shares soaring 5.32%.