Japan Nikkei extends gain on BOJ action

21 Jul 2022 , 04:40 PM

Japanese share market finished higher for sixth straight session on Thursday, 21 July 2022, as risk appetite buying continued after the Bank of Japan maintained its ultra-loose monetary policy, while lowering its growth forecast for 2022 and raising its inflation predictions. At closing bell, the 225-issue Nikkei Stock Average advanced 122.74 points, or 0.44%, to 27,803, its highest close since June 2022. The broader Topix index of all First Section issues on the Tokyo Stock Exchange rose 4.15 points, or 0.21%, to 1,950.59. CURRENCY NEWS: The Japanese yen traded at 138.62 per dollar, weaker from 138.13-13per dollar on Wednesday, as Bank of Japan Governor Haruhiko Kurodas denial of the possibility of changing the current near-zero interest rate policy.Powered by Capital Market – Live News