The benchmark Nikkei 225 index on the Tokyo Stock Exchange experienced a notable increase of 2.33%, closing at 58,775.50 points. This rise partially offsets a significant 6% decline observed on Friday, which had resulted in the index entering bear market territory, defined as being more than 20% below its record high established in June. The Read More
Japan’s Nikkei share average experienced a decline exceeding 5% on Friday, driven by significant losses in heavyweight technology stocks. This downturn was fuelled by concerns regarding stricter regulations and a possible deceleration in AI-related expenditures, particularly in the wake of the Democrats’ success in the US midterm elections. The selloff mirrored significant overnight declines on Read More
Japan’s Nikkei share average experienced a significant decline on Thursday, primarily influenced by a pronounced selloff in AI and semiconductor stocks, despite the fact that the majority of stocks within the index posted gains. A Democratic sweep in US midterm elections served as the catalyst for the tech rout, driven by expectations that Democrats will Read More
Japan equities experienced a decline at the close on Wednesday, driven by losses in the Paper & Pulp, Transport, and Communication sectors, which contributed to the downward movement of shares. At the close in Tokyo, the Nikkei 225 experienced a decline of 1.41%. The biggest gainers of the session on the Nikkei 225 were Yamato Read More
A renewed wave of AI-related concerns weighed on global equities on Tuesday, as investors remained on edge with the commencement of voting in pivotal US midterm elections. Opinion polls indicate that the Democrats are positioned to secure the House, whereas the Senate remains too competitive to determine a clear outcome. A sweep by Democrats may Read More
The Nikkei 225 Index declined by 0.33%, finishing at 63,082 on Monday, thereby extending losses from the prior session. This downturn follows a cautious outlook issued by memory chipmaker Kioxia Holdings, which has sparked concerns that the growth in demand driven by AI may be starting to moderate. After the company reported operating profit of Read More
Japan’s Nikkei share average experienced a decline of up to 3% on Friday, primarily driven by a downturn in chip-related stocks, amid growing apprehensions regarding the viability of expenditures supporting the AI boom. Tokyo tracked overnight losses on Wall Street, influenced by late earnings from Amazon.com and Intel that revealed significant cash burns, resulting in Read More
Japan’s Nikkei share average experienced an uptick on Thursday, bolstered by an enhanced profit outlook from chip equipment manufacturer Advantest. However, a significant drop in South Korea’s Samsung Electronics dampened investor sentiment, even in light of the company’s record earnings, as reported. The Nikkei concluded the morning session with an increase of 0.3% at 64,131.28, Read More
The Nikkei 225 Index experienced an increase of 1.08%, concluding at 63,954 on Wednesday. This marks the second consecutive session of gains, influenced by positive movements on Wall Street, where robust performances from technology firms have enhanced optimism regarding the artificial intelligence sector. Broadcom announced $63 billion in financing associated with Anthropic’s utilisation of its Read More
Japan’s Nikkei share average experienced a rebound on Tuesday, fuelled by renewed optimism in the AI sector, following a filing by industry leader Anthropic to list its shares. The benchmark Nikkei 225 advanced 1.73% to close at 63,268.37, paring an earlier gain of more than 2%. The broader Topix increased by 0.61%, reaching a level Read More
