Japan’s Nikkei share average ended a six-session decline on Friday, buoyed by a rebound in artificial intelligence-related shares. However, the extent of the gains was tempered by a prevailing caution in anticipation of upcoming corporate earnings reports and the US midterm elections. The Nikkei rose 1.39 per cent to 65,324.29 following a nearly five per Read More
Japan’s Nikkei share average experienced a significant decline of nearly 5 percent on Thursday, as technology stocks were adversely affected by media reports concerning distressed debt at the US cloud-computing provider CoreWeave. Additionally, concerning inflation figures from the US raised apprehensions regarding the potential for increased interest rates. The tech-heavy Nikkei concluded the trading session Read More
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 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
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
Tokyo stocks rose Friday, with the Nikkei stock index posting a five-trading-day winning streak, buoyed by dividend-driven buying, while continued gains in artificial intelligence- and semiconductor-related shares led the market higher amid a lack of fresh trading cues. The 225-issue Nikkei Stock Average ended up 850.21 points, or 1.30 percent, from Thursday at 66,364.20. The Read More
