Bank stocks attracted widespread buying in the Tokyo stock market on the 25th against a backdrop of higher long-term interest rates, lifting share prices broadly. The Nikkei 225 morning close was ¥66,318.14, up ¥804.15.
Buying spread mainly across bank stocks following the rise in long-term interest rates, pushing share prices higher.
In morning trading, the Nikkei 225 rose ¥804.15 to ¥66,318.14, with buying prevailing across the market.
The article cites movements in bank stocks as a factor driving the market higher, reporting that interest rate trends influenced short-term movements in the stock market.