The Nikkei 225 stock index in Tokyo saw a recovery on Thursday, following a sequence of falls that lasted for three consecutive days. In response to the recent decrease in the value of shares related with artificial intelligence and semiconductors, investors have repurchased those shares. As the day came to a close, the benchmark reached Read More
Most Asian stock markets experienced declines on Wednesday, as renewed selling pressure on semiconductor shares continued this week’s artificial intelligence-driven valuation adjustment. This trend has positioned South Korea’s KOSPI close to entering a bear market, despite an initial effort at bargain hunting.Oil prices continued to be high following the United States’ recent military actions against Read More
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 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 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
Japan’s Nikkei share average closed at a record high for a third consecutive session on Wednesday, finishing just below the 70,000 threshold, as concerns over the Middle East conflict eased and sustained buying in AI-related shares continued in anticipation of the U.S. Federal Reserve’s policy decision. The Nikkei rose 0.7% to close at 69,902.25 after Read More
Asia-Pacific markets exhibited a mixed performance on Thursday as investors anticipated a pivotal meeting between U.S. President Donald Trump and Chinese President Xi Jinping, seeking insights into the trajectory of U.S.-China relations and the broader implications for global trade. Trump arrived in Beijing on Wednesday for the highly scrutinized summit, joined by a delegation of Read More
