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
Japan’s Nikkei share average recorded its most significant weekly decline in over a month on Friday, as the ongoing uncertainty related to the Middle East conflict propelled oil prices upward, intensifying inflationary apprehensions. The Nikkei concluded the trading session at 66,016.36, reflecting a decline of 0.3%. Over the course of the week, the index has 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
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 increased by 0.71%, closing at 61,867 on Thursday, thereby breaking a two-session decline, as semiconductor stocks surged following Advantest’s announcement of a more robust-than-anticipated profit forecast. Shares of the chip-testing equipment maker surged over 10% following a 35% increase in its annual operating profit forecast, bolstered by strong demand fuelled by Read More
Japan’s Nikkei share average fell to a new two-month low on Wednesday, as investors liquidated chip-related stocks in anticipation of significant U.S. technology earnings, while escalating conflict in the Middle East suppressed risk appetite. Asian chipmakers have experienced significant volatility lately, as concerns regarding the returns from the substantial investments made by AI companies arise Read More
Asian stocks concluded the trading session with a mixed performance amid light trading volumes on Monday. Japanese markets were closed in observance of Marine Day, following a notable decline of 6.4 percent in the Nikkei index last week, driven by a sell-off in the technology sector. Another spike in crude oil prices and inflation concerns Read More
Japan’s Nikkei fell into correction territory on Friday, as a global decline in chipmakers and an intensification of the Middle East conflict led investors to avoid risk assets. The benchmark Nikkei 225 experienced a decline of 4.03%, closing at 64,141.12, having previously dropped by as much as 6.18%. The index currently stands at a decline Read More
On Thursday, Japan’s Nikkei share average closed nearly 3% lower as chip-related firms sold off and an expanding Middle East war hampered risk appetite. This overshadowed record results and a solid forecast from Taiwan Semiconductor Manufacturing Co. The Nikkei concluded the trading session down 2.8% at 66,835.54, having experienced a decline of as much as Read More
