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 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
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 Monday’s session on an upward trajectory, buoyed by a decline in oil prices following a cessation of U.S. military actions against Iran. Meanwhile, investors maintained a cautious stance ahead of significant earnings reports scheduled for release this week. The benchmark Nikkei experienced an increase of 0.5%, concluding the session at 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
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
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 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 gauge surged past the significant 71,000 level for the first time on Thursday, following the extension of the ceasefire between the United States and Iran. This development has alleviated geopolitical tensions and bolstered risk appetite among investors. The benchmark Nikkei 225 advanced 1.65% to close at 71,053.49, after touching an intraday high Read More
Japan’s Nikkei 225 breached 65,000 for the first time Monday, reaching a record high in holiday-thinned Asia trading. This surge followed reports suggesting that the crucial Strait of Hormuz may soon reopen, which contributed to a decline in oil prices and subsequently bolstered investor sentiment. President Donald Trump stated in a Truth Social post that Read More
