The Bank of Japan’s decision not to make changes to its monetary policy led to a positive closing for the Tokyo Stock Exchange. The Nikkei index recorded an increase of 0.81%, reaching 37,934.76 points and exceeding, during the day, the threshold of 38 thousand points. This increase represents a significant recovery from the previous week’s 6.2% drop, which was the worst weekly performance since the summer of 2022.
For the current week, the Nikkei index showed an overall increase of 2.3%, a sign of a robust recovery. Similarly, the broader Topix index closed 0.86% higher, confirming a weekly gain of 2.3%. One of the sectors that benefited most from this situation was the real estate sector, in particular thanks to expectations of low and prolonged interest rates. Mitsui Fudosan, for example, saw an increase of 3.6%.