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 share average concluded the trading session on Friday with a decline exceeding 2%, driven by a significant drop in the shares of Google parent Alphabet, which raised apprehensions regarding substantial expenditures in artificial intelligence. The Nikkei fell 2.73% to close at 64,611.15, yet managed to rise 0.7% for the week following a 6.4% Read More
Japan’s Nikkei share average experienced an uptick on Thursday, driven by chip-related stocks that mirrored the upward movement of their U.S. counterparts from the previous night. However, the potential for an early rate hike from the Bank of Japan constrained the extent of these gains. The Nikkei increased by 0.47% to 66,424.44 at the midday Read More
Japanese shares concluded the trading session on Wednesday with a mixed performance, as technology stocks experienced a rally in anticipation of significant earnings reports. However, the broader market faced pressure from increasing oil prices and a depreciating yen. The Topix increased by 0.45%, finishing at 4,033.13. The blue-chip Nikkei 225 experienced an increase of up Read More
Japan’s Nikkei share average experienced an uptick on Tuesday as markets reopened following a holiday, with investors capitalising on opportunities after the index’s most significant weekly drop in over a year. The benchmark Nikkei 225 advanced 3.26% to close at 66,232.19, recovering part of its 6.4% plunge last week. The broader Topix opened new tab 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
