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
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
