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Asian Stocks Higher on Thursday

2024-12-21OANDAOANDA
Stocks in Japan and China led most Asian shares higher on Thursday despite ongoing investor concern in the US over a possible interest rate rise by the US Federal Reserve. Japan’s benchmark Nikkei 225 closed up 1.43% at 18,991.11 points, with shares boosted by a weaker yen. The US dollar was at 121.30 yen on […]

Stocks in Japan and China led most Asian shares higher on Thursday despite ongoing investor concern in the US over a possible interest rate rise by the US Federal Reserve.

Japan’s benchmark Nikkei 225 closed up 1.43% at 18,991.11 points, with shares boosted by a weaker yen.
The US dollar was at 121.30 yen on Thursday in Tokyo compared to 121.44 yen in US trade.

A weaker yen gives a boost to Japan’s big exporters.

It helps make their products cheaper to buy overseas and gives a boost to their earnings.

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