Japan’s Nikkei share average concluded the trading session on Monday with an increase exceeding 2%, propelled by stocks associated with chips and artificial intelligence, following the upward movement in U.S. semiconductor equities. The Nikkei experienced an increase of 2.12%, closing at 66,399.84, marking its highest closing level since August 28. The broader Topix experienced an Read More
Japan’s Nikkei share average reversed early gains to close lower on Thursday, influenced by a supplier, while the broader Topix experienced a slight increase due to value-buying. The index experienced a decline of 0.2%, settling at 66,131.98, following a prior increase of as much as 1%. In contrast, the broader measure saw an uptick of Read More
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
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
