Topix Index: Points and Interest Rates

topix index: On Wednesday, it lost 41.42 points, according to The Japan Times. The Topix index closed up 8.64 points, or 0.65 percent, at 1,339.39, after shedding 0.64 point the previous day. The Nikkei average gained 128.33 points, or 0.77 percent, to finish at 16,810.22. Stocks attracted purchases from the beginning of trading after the Dow renewed its record closing high for the seventh straight session Wednesday. The brokers added, speculation has been rekindled that the U.S. Federal Reserve may soon raise interest rates. The yen weakening against the dollar also pushed up the Tokyo market on hopes for additional monetary easing by the Bank of Japan, which would lead to a wider interest rate gap between Japan and the United States, brokers said. (news.financializer.com). As reported in the news.