In the week ending June 27, foreign investors divested from Japanese equities at the quickest rate observed in approximately three months, capitalising on gains from technology stocks amid elevated valuations following a robust performance in the previous quarter. There has also been increasing concern regarding AI expenditures financed through borrowing. Non-native investors withdrew a net Read More
Japan’s Nikkei share average closed higher for a third consecutive session on Wednesday, buoyed by AI-related shares. However, fresh hurdles in U.S.-Iran peace negotiations and investor caution in a volatile market constrained the extent of the gains. The benchmark Nikkei 225 advanced 0.59% to close at 70,474.96, paring an earlier surge of as much as Read More
Japan’s Nikkei share average experienced an increase on Tuesday, bolstered by a resurgence in technology stocks that have significantly contributed to the index’s record quarterly gains. The benchmark Nikkei 225 advanced 0.86% to close at 70,062.32. For the April-June quarter, the index experienced a remarkable increase of 37%, representing its most significant quarterly gain in Read More
Japan’s Nikkei share average reversed course to conclude the day on a positive note on Monday, as chip-related stocks mitigated losses following South Korea’s announcement of extensive chip and AI mega-projects. The Nikkei closed 0.15% higher at 69,468.11, after experiencing a decline of as much as 1.97% earlier in the session. The broader Topix rose Read More
Japan’s Nikkei share average closed 4% lower on Friday, erasing most of the gains from the previous session, as tech investor SoftBank Group tumbled more than 12% following a report of a delay in OpenAI’s initial public offering. The Nikkei fell 4.15% to close at 69,360.88. In the previous session, the benchmark index experienced an Read More
Japan’s Nikkei share average increased by over 4% on Thursday, achieving a record closing high, driven by a surge in AI-related stocks following the positive quarterly profit and revenue forecast from U.S. memory chipmaker Micron. The Nikkei closed 4.6% higher at 72,366.34, snapping two straight sessions of declines. The broader Topix rose 1.33% to 4,016.47. Read More
Japan’s Nikkei share gauge experienced a decline for the second consecutive day on Wednesday, influenced by apprehensions regarding possible interest rate increases by the Federal Reserve and the valuations within the AI sector that dampened market sentiment. The benchmark Nikkei 225 slid 0.88% to close at 69,174.97, retreating further from a record high reached on Read More
Japan’s Nikkei share average declined to a one-week low on Tuesday, pulling back after a robust rally that had propelled the index to consecutive record highs, leading investors to secure profits. The Nikkei dropped 3.6% to 69,788.38, hitting a one-week low and closing below the 70,000 mark for the first time since last Wednesday. The Read More
Asian stock markets are predominantly experiencing declines on Monday, influenced by the generally negative signals from European markets and the absence of direction from Wall Street overnight. This comes amid renewed uncertainty regarding the peace agreement aimed at resolving the Middle East conflict, following US President Donald Trump’s warning of potential new strikes should Hezbollah Read More
Japan’s Nikkei share index achieved its most significant weekly increase in almost two years on Friday, even as it reduced early gains later in the day amid rising concerns regarding the challenges of concluding negotiations to resolve the Iran conflict. The index has achieved consecutive record highs this week, marking its seventh consecutive session of Read More
