“Tokyo Market Rises with Agreement on US Debt Ceiling – Nikkei Stock Average Reaches New Highs”

In the Tokyo market on the 29th, the Nikkei Stock Average rose by more than 600 yen at one point in response to the agreement between President Biden and Speaker of the House of Representatives of the opposition Republican Party McCarthy on raising the debt ceiling of the US government, and 33. New high price for the first time in a year.

The Nikkei Stock Average, the morning closing price is 409.53 yen higher than last weekend’s closing price, 31,325.84 yen,

Tokyo Stock Price Index = Topics is 20.57, up to 2166.41,

Morning volume was 603.25 million shares.

A market insider said, “Although the two parties are still making adjustments to pass the bill on the debt ceiling issue, buy orders are spreading to a wide range of stocks from the view that the default will be avoided by the agreement. On the other hand, recently. In response to the rise in stock prices, there are also sell orders to temporarily lock in profits.”