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Tokyo: Shares rebound amid global rallies

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Published Fri, Nov 11, 2022 · 02:28 PM
    • The Nikkei 225 index ended up 2.98 per cent or 817.47 points to 28,263.57.
    • The Nikkei 225 index ended up 2.98 per cent or 817.47 points to 28,263.57. PHOTO: REUTERS

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    TOKYO’S key Nikkei index advanced nearly 3 per cent on Friday (Nov 11) as investors cheered rallies on Wall Street, driven by hopes for less aggressive Fed rate hikes due to slowing US inflation.

    The Nikkei 225 index ended up 2.98 per cent or 817.47 points to 28,263.57, while the broader Topix index rose 2.12 per cent, or 41.10 points, to 1,977.76. AFP

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