Nikkei breaches 59,000 after early rate hike prospect wanes, Nvidia results-August 2024-www.financetom.com

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Nikkei breaches 59,000 after early rate hike prospect wanes, Nvidia results

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Nikkei breaches 59,000 after early rate hike prospect wanes, Nvidia results

Mar 11, 2026 5:38 AM

TOKYO, Feb 26 (Reuters) - Japan's Nikkei share average

surpassed the 59,000 mark ‌for the first ⁠time on Thursday,

breaking a ⁠record set ‌in ‌the previous session, over waning

expectations of ‌an imminent Bank of Japan rate hike and ‌robust

results from chipmaker Nvidia ( NVDA ).

The benchmark Nikkei ⁠225 Index rose ⁠1.2% to

59,295.93 in early trading. The broader Topix ⁠climbed

1.2% ‌to 3,890.08. ‌So far, the ⁠Nikkei is up 16.4% for the year.

There were 126 advances on the Nikkei index against 43

decliners.

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