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 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 experienced an increase of over three percent on Wednesday, driven by a surge in AI-related stocks that mirrored the performance of their US counterparts. Additionally, investors capitalised on stocks that exhibited a robust outlook. The Nikkei increased by 3.16 percent, reaching 65,979.02, while the broader Topix experienced a rise of 1.52 Read More
On August 3, Tokyo stocks experienced a decline, with the Nikkei 225 finishing at 63,445.53, reflecting a decrease of 1.4%. This downturn was attributed to the sell-off of electronics and auto shares following a coordinated U.S.-Japan yen-buying intervention, which resulted in a significant appreciation of the currency, thereby undermining the weak-yen support that had previously Read More
Japan’s Nikkei share average declined nearly 4 per cent on Tuesday to its lowest close in over two months, as chip-related stocks mirrored the downward trend of their US counterparts in anticipation of significant tech earnings. The Nikkei declined by 3.95 per cent, closing at 62,364.92, marking its lowest level since May 21. Meanwhile, the Read More
Japan’s Nikkei share average concluded the trading session down by 2% on Tuesday, influenced by declines in semiconductor-related heavyweights following a downturn in South Korea’s Samsung Electronics, which led to a significant drop in the benchmark KOSPI. The Nikkei NI225 fell 2.12% to close at 68,256.96. The broader Topix index ended 0.97% lower at 4,062.26 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 gauge experienced a decline for the second consecutive day on Wednesday, influenced by apprehensions regarding possible interest rate increases by the Federal Reserve and the valuations within the AI sector that dampened market sentiment. The benchmark Nikkei 225 slid 0.88% to close at 69,174.97, retreating further from a record high reached on Read More
