Nikkei Rises For Fifth Straight Session

Business Standard Markets · stocks

Japan's Nikkei 225 index climbed 1.3% to close at 66,364 on Friday, marking its fifth consecutive session of gains. The stock market received a boost as oil prices declined, influenced by potential US-Iran talks to reopen the Strait of Hormuz. Global bond yields also stabilized, with Japan's 10-year government bond yield easing from its highest level since 1996. Investor sentiment improved following positive discussions between US President Donald Trump and Chinese President Xi Jinping.