Japan’s Nikkei share gauge rose on Friday, continuing its weekly gain, following softer U.S. producer prices that alleviated concerns regarding a near-term Federal Reserve interest rate hike and bolstered risk appetite. The benchmark Nikkei 225 advanced 0.59% to close at 68,713.80, notching a 4.7% weekly gain. The broader Topix climbed 0.51% to 4,197.20, marking a Read More
Japanese shares concluded the trading session on Thursday (Aug 13) with gains, as the Topix reached an unprecedented peak. This upward movement was driven by chip-related stocks mirroring the performance of their US counterparts, alongside a strong earnings forecast for domestic companies that bolstered market sentiment. The Nikkei increased by 1.16 percent to 68,308.59, whereas Read More
Japan’s Nikkei share average increased on Wednesday in anticipation of crucial U.S. inflation data, buoyed by gains in chip stocks and South Korean shares, although concerns lingered regarding diminishing hopes for a resolution in the Middle East conflict. The Nikkei climbed 0.83% to close at 67,524.06, after experiencing fluctuations between gains and losses earlier in Read More
Japan’s Nikkei share average increased by 2% on Monday, achieving its highest closing level in almost four weeks. This uptick was primarily driven by stocks associated with AI and semiconductors, following a rally on Wall Street the previous Friday. However, concerns regarding the situation in the Middle East tempered broader market gains. The Nikkei climbed Read More
Japan’s stock market experienced a decline following Friday’s close, driven by losses in the Paper & Pulp, Transport, and Communication sectors, which collectively pressured share prices downward. At the close in Tokyo, the market declined by 0.07%. The best performers of the session on the Nikkei 225 were Mitsubishi Materials Corp., which rose 15.71% or Read More
The Nikkei 225 Index declined by 0.93%, finishing at 65,683 on Thursday, as it retraced a portion of the gains from the prior session. This downturn was driven by renewed selling pressure on chipmakers and other technology stocks, amid ongoing apprehensions regarding the artificial intelligence sector. The losses occurred notwithstanding a further decrease in oil Read More
Japan’s Nikkei share average experienced an increase of over three percent on Wednesday, driven by a surge in AI-related stocks that mirrored the performance of their US counterparts. Additionally, investors capitalised on stocks that exhibited a robust outlook. The Nikkei increased by 3.16 percent, reaching 65,979.02, while the broader Topix experienced a rise of 1.52 Read More
Japan’s Nikkei share average declined on Tuesday as investors expressed caution regarding potential yen-buying interventions and anticipated Toyota Motor’s quarterly results later in the day. The Nikkei declined by 0.11 percent to 63,684.85 at the midday break, whereas the broader Topix decreased by 0.26 percent to 3,949.90. The Nikkei dropped nearly 1 per cent on Read More
On August 3, Tokyo stocks experienced a decline, with the Nikkei 225 finishing at 63,445.53, reflecting a decrease of 1.4%. This downturn was attributed to the sell-off of electronics and auto shares following a coordinated U.S.-Japan yen-buying intervention, which resulted in a significant appreciation of the currency, thereby undermining the weak-yen support that had previously Read More
Japan’s benchmark Nikkei index experienced a significant surge on Friday, increasing by 4% as investor sentiment was bolstered following robust earnings guidance from Microsoft, which alleviated worries regarding substantial expenditures on artificial intelligence infrastructure. According to source, optimism surrounding global technology stocks has led to widespread purchasing activity in Japanese equities. The Nikkei concluded the Read More
