Rakuten Bank’s share price rebounded sharply. The view is gaining traction that bank stocks broadly rose against the backdrop of expectations that the Bank of Japan will accelerate the pace of rate hikes. As of 14:21, Rakuten Bank was up ¥268 from the previous day at ¥6,604.0.
Rakuten Bank’s share price rebounded sharply, and the rally in related bank stocks is continuing. The news reports that bank stocks are rising against the backdrop of market focus on an acceleration in the Bank of Japan’s rate-hike pace.
Among related stocks, Rakuten Bank was up sharply at ¥6,604.0 as of 14:21, a gain of ¥268 from the previous day (+4.22%).