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Nikkei Sets Record Close at ¥45,769.50 as U.S. Rally Fuels Risk Appetite

Yen weakness following BOJ Governor Kazuo Ueda's remarks buoyed exporters.

Overview

  • The Nikkei 225 rose ¥832.77 to finish at a record ¥45,769.50 on Oct. 3.
  • TOPIX added 41.77 points to 3,129.17, with trading volume at 2.301 billion shares.
  • The Dow Jones Industrial Average briefly set an intraday high at 46,750.53 as U.S. rate-cut expectations supported buying.
  • Heavy demand for tech stocks with large index weightings followed the prior day’s U.S. gains.
  • Government bonds were sold as risk appetite increased, pushing long-term yields to a 17-year intraday high.