The Nikkei Average was reported to have turned positive, with buying reportedly spreading across bank stocks. There is also a view that expectations for a Bank of Japan rate hike are growing.
Reports that the Nikkei Stock Average had turned positive are attracting investors’ attention. Bank stocks are said to be drawing buying interest, and some observers have pointed to the possibility that this is affecting market trends.
There have been reports that expectations for a Bank of Japan rate hike are growing, increasing interest in interest-rate trends. Against this backdrop, areas of focus in the market, including the financial sector, are said to be broadening.