Japan’s Nikkei extends record run ahead of BOJ decision

TOKYO: Japan’s Nikkei share average continued its winning ways on Friday, rising to a record before an expected hold on policy from the Bank of Japan.

The gains in Japan followed another record day on Wall Street after a rate cut by the Federal Reserve, which forecast more easing this year.

The Nikkei 225 Index jumped 1% to 45,750.05 in early trading, reaching as high as 45,852.75.

The broader Topix climbed 0.8% and was also at an all-time high.

The Nikkei closed above the 45,000 level on Thursday for the first time.

There were 183 advancers on the index against 41 decliners.