Japan’s Nikkei experienced a decline on Tuesday, driven by a selloff in AI-related stocks that intensified following a downturn in US chip shares. Additionally, geopolitical tensions contributed to a further erosion of risk sentiment. The benchmark Nikkei 225 declined by 1.82%, closing at 67,777.52, marking a fourth consecutive session of losses. The broader Topix experienced Read More
Japan’s Nikkei 225 recorded a weekly loss on Friday, as investors assessed the outlook for the burgeoning AI sector amid prevailing stress in global bond markets that dampened sentiment. The Nikkei experienced a slight decline of 0.02%, concluding the day at 69,030.92, after rebounding from an initial drop of 1.3%. The index concluded the week Read More
Japanese shares experienced a decline exceeding 1% on Thursday, marking a second consecutive session of losses. This pullback comes as investors take a moment to reassess following recent rallies, remaining cautious amid concerns regarding the US interest rate outlook, rising yields, and ongoing geopolitical tensions. The Nikkei 225 experienced a decline of 1.42%, concluding at Read More
Japanese shares experienced a decline on Wednesday, primarily driven by decreases in AI-related stocks, as investors took the opportunity to realise profits following the recent rapid rally. The Nikkei declined by 0.92%, closing at 70,035.71. The index surpassed the 70,000 threshold this week for the first time in three months, reflecting an increase of nearly Read More
Japan’s Nikkei share average experienced an uptick on Tuesday, supported by the previous night’s advancements on Wall Street and a decrease in crude oil prices. The advance in Japanese stocks accelerated in the afternoon session following robust demand at a closely monitored auction of 10-year Japanese government bonds, which alleviated concerns regarding the debt market. Read More
Japan’s Nikkei share average increased by over 2 percent, reaching a three-month peak on Monday, propelled by AI-related stocks, in the wake of last week’s gains on Wall Street. The Nikkei increased by 2.53 percent, reaching 70,037.61, marking its highest point since early July, as observed by the midday break. The broader Topix rose 1.16 Read More
Japan’s Nikkei 225 experienced a decline from a six-week peak on Friday, as investors opted to secure profits and adopted a more cautious stance regarding the future of interest rates, inflation, and geopolitical uncertainties. The benchmark Nikkei declined by 0.94 percent, concluding at 68,309.46, thereby reducing its weekly gain to 2.9 percent. The broader Topix Read More
The Nikkei 225 Index surged 3.3% to finish at 68,957 on Thursday, marking its second consecutive session of gains and reaching its highest point in six weeks. This increase was driven by a rally in technology and artificial intelligence-related stocks, spurred by Micron Technology’s optimistic outlook. The US memory chipmaker issued an optimistic revenue forecast Read More
Japan’s Nikkei share gauge experienced a significant decline on Tuesday, influenced by a global increase in bond yields and escalating oil prices that dampened market sentiment. The benchmark Nikkei 225 experienced a decline of 1.23%, reaching 65,070.58 in early trading, indicating a potential for a second consecutive decrease. The broader Topix declined by 1.75%, settling Read More
Asian stocks concluded the trading session on Monday with a mixed performance, as ongoing tensions in the Middle East continued to weigh on sentiment. Additionally, hawkish indications from Federal Reserve policymakers strengthened the argument for a potential rate hike later this year. Meanwhile, fresh data revealed a further deceleration in China’s industrial profit growth for Read More
