The Nikkei 225 extended its gains, while semiconductor-related stocks rose. 2 members were reportedly opposed to the BOJ’s rate-hike policy, and the yen is said to have weakened. The market is focusing on trends in semiconductor stocks and the BOJ’s next response.
The Nikkei 225 ended trading higher, maintaining its gains from the previous day. The market was driven mainly by movements in semiconductor-related stocks, and these stocks reportedly lifted the market as a whole.
Opposition reportedly emerged among officials over the BOJ’s rate-hike policy, and the potential impact on the decision is drawing attention.
The yen’s movements were reportedly centered on its trading against the US dollar, against the backdrop of the factors described above.
The focus going forward is expected to be on the direction of the BOJ’s policy decision and ongoing assessment of the market’s response to it.