Nikkei index hits 2-week high, supported by Wall Street’s gains ‎

Japan’s Nikkei index rose to a two-week high on Wednesday, propelled by a rally on Wall Street and comments from Japan’s central bank governor indicating an easing inclination.

According to “Reuters”, the Nikkei rose in the last half hour of the trading session, to end the day, up 1.24%, to 32,896.03 points, the highest level it reached in the session.

The broader Topix index rose 1.19% to 2278.97 points

The Dow Jones index rose on Tuesday night by more than 1 percent, in the seventh session of consecutive gains, amid strong financial results for banks and optimism that the economy is on its way to safety.

Meanwhile, the Governor of the Bank of Japan, Kazuo Ueda, indicated his adherence to maintaining the ultra-easy monetary policy at the present time, and said that there is some room available to achieve the bank’s inflation target of two percent in a stable and sustainable manner.

The Nikkei recovered over the past week after a sharp decline from its highest closing level in 33 years, recorded on July 3, at 33,753.33 points. The index has increased 27 percent since mid-March to reach that point

On Wednesday, the shares of 218 companies listed on the Nikkei rose out of 225, and the shares of seven companies declined.

Nissan Motor share recorded the best performance, as it rose 7.68%