Thursday, 1 May 2025

Japanese stocks close higher

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Japanese stocks (Nikkei) closed higher today after the Bank of Japan lowered its growth and inflation forecasts, indicating that another interest rate hike would take longer than expected.

The Nikkei index rose 1.1% to 36,452.30, while the broader Topix index gained 0.5% to close at 2,679.44.

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