The share of the Japanese “Soft Bank” group jumped by 4.5 percent on Friday, after closing at the end of trading on Thursday, at an increase of more than 17 percent, while the “Nikkei 225” index closed at its highest level in 32 years.
What is the reason for this rise?
Soft Bank shares were among the biggest gainers in the Nikkei index on Friday, driven by a collective rise in all sectors, with the financial sector achieving gains of more than 1.3 percent.
On Friday, Japanese stocks received a huge boost, after the US House of Representatives agreed to raise the debt ceiling, and against the backdrop of indications that Bank of Japan officials are in no rush to tighten monetary policy.
2023-06-02 15:09:57
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