Japanese stocks rise amid U.S. rate pause
The article discusses the rise of Japanese stocks today, as weaker-than-expected data on U.S. producer prices helped ease the pressure to raise American interest rates, thereby boosting risk appetite in global markets. The Nikkei index gained 0.59%, closing at 68,713.80 points, achieving a weekly increase of 4.7%. The TOPIX index also reached a record high, rising by 0.51% to 4,197.20 points. Experts indicated that the reduced expectations for U.S. interest rate hikes and falling oil prices contributed to supporting the Japanese market, with Nixson's stock recording the largest increase of 19.85%. Meanwhile, Trend Micro was the biggest decline, dropping by 14.60%.
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