Tokyo Stock Exchange trims gains after inflation data

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And with the markets resuming trading after a national holiday, the opening Nikkei المؤشر It rose 0.8 percent and rose to 1.23 percent, before paring its gains later, to close up 0.44 percent at 27688.42 points.

as increased TOPIX cursor Broader 0.45 percent.

Markets are already expecting a lift Benefit The US dollar increased by at least 75 basis points, with an 18 percent chance of raising it by a full percentage point.

However, the Bank of Japan is expected to break the trend between central banks By refusing to raise interest rates, even as inflation rises.

On Tuesday, Japanese data reported that Core Consumer Inflation Index It touched an eight-year high in August.

While the 2.8 percent consumer inflation rate is lower than in many other countries around the world this year, it represents a rate higher for the fifth consecutive month than the target. Bank of Japan of two percent, an increase driven in part by a significant depreciation of the yen.

Out of the 225 stocks on the Nikkei index, 162 gained, 56 losses were incurred, 46 increased, and seven settled without little change.

Technology stocks led the index upward. Mobile phone operator KKDI Corp. had a strong impact, with its shares rising 1.77 percent, while electrical components maker TDK Corp. rose 2.72%.

Materials maker Unitica saw the largest single rise on the Nikkei index, rising 7.33%, while shipping company Kawasaki Kesen Kaisha the biggest loss, as it fell 3.28 percent.

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And with the markets resuming trading after a national holiday, the opening Nikkei المؤشر It rose 0.8 percent and rose to 1.23 percent, before paring its gains later, to close up 0.44 percent at 27688.42 points.

as increased TOPIX cursor Broader 0.45 percent.

Markets are already expecting a lift Benefit The US dollar increased by at least 75 basis points, with an 18 percent chance of raising it by a full percentage point.

However, the Bank of Japan is expected to break the trend between central banks By refusing to raise interest rates, even as inflation rises.

On Tuesday, Japanese data reported that Core Consumer Inflation Index It touched an eight-year high in August.

While the 2.8 percent consumer inflation rate is lower than in many other countries around the world this year, it represents a rate higher for the fifth consecutive month than the target. Bank of Japan of two percent, an increase driven in part by a significant depreciation of the yen.

Out of the 225 stocks on the Nikkei index, 162 gained, 56 losses were incurred, 46 increased, and seven settled without little change.

Technology stocks led the index upward. Mobile phone operator KKDI Corp. had a strong impact, with its shares rising 1.77 percent, while electrical components maker TDK Corp. rose 2.72%.

Materials maker Unitica saw the largest single rise on the Nikkei index, rising 7.33%, while shipping company Kawasaki Kesen Kaisha the biggest loss, as it fell 3.28 percent.

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