Japan’s Nikkei share average reversed course to conclude the day on a positive note on Tuesday, as chip-related stocks mirrored the rebound observed in South Korean shares. The Nikkei experienced an increase of 0.5%, concluding the session at 65,856.43, following a decline of as much as 1.4% earlier in the trading day. The broader Topix Read More
Japan’s Nikkei share average fluctuated between modest gains and losses on Monday, as shares related to artificial intelligence faced pressure in anticipation of Nvidia’s earnings report later in the week. The market faced pressure from inflation concerns, compounded by ongoing uncertainty in the Middle East. Investors and analysts anticipate that the Bank of Japan will Read More
Japan’s Nikkei share average recorded its most significant weekly decline in over a month on Friday, as the ongoing uncertainty related to the Middle East conflict propelled oil prices upward, intensifying inflationary apprehensions. The Nikkei concluded the trading session at 66,016.36, reflecting a decline of 0.3%. Over the course of the week, the index has Read More
Japan’s Nikkei share average experienced a notable increase on Thursday, following U.S. actions aimed at stabilising its bond market, which in turn bolstered investor sentiment and heightened demand for riskier assets. The Nikkei 225 advanced 1.36% to close at 66,216.79. The broader Topix experienced an increase of 1.18%, reaching a level of 4,059.73. Long-term borrowing Read More
Global bond yields remained close to their highest levels in decades on Wednesday, as concerns regarding increasing sovereign debt elevated borrowing costs and unsettled stock markets across the globe. U.S. and European stock futures experienced a slight decline of approximately 0.2% during the Asia session. Japan’s Nikkei experienced a decline of 3.3%, while South Korea’s Read More
Japan’s Nikkei share average ended its five-day winning streak on Tuesday, as a stalemate in the Middle East conflict led to an increase in oil prices, reigniting concerns regarding bond market risks and inflation. The Nikkei declined by 2.5 percent, concluding at 67,460.73, following a 5.5 percent increase over the preceding five trading sessions. The Read More
Japan’s economy expanded 1.1% in the second quarter on an annualised basis, falling short of expectations for 2% growth as weaker domestic demand countered robust exports. The figure was compared to the 2.1% in the previous quarter. This marks the inaugural complete quarter reflecting the ramifications of the Iran war, which has resulted in elevated Read More
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
