Nikkei Extends Rally To 8th Session As US Rate Hike Hopes Lift Large Caps - Dollar Advisory | Best Commodity Tips Provider

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Wednesday 26 September 2018

Nikkei Extends Rally To 8th Session As US Rate Hike Hopes Lift Large Caps

Japan's Nikkei rose for an eighth session in choppy trade on Wednesday as hopes for a US rate hike lifted futures and large-cap stocks such as Fast Retailing and SoftBank, offsetting weakness in high-yielders like automakers trading ex-dividend. 
The Nikkei share average gained 0.4 per cent to 24,033.79, extending its rally to an eighth session and the highest closing level since Jan. 23. The next milestone is the 24,129.34 level hit on Jan. 23, a break of which would put the index at its highest since November 1991. 
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