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 by 2% on Monday, achieving its highest closing level in almost four weeks. This uptick was primarily driven by stocks associated with AI and semiconductors, following a rally on Wall Street the previous Friday. However, concerns regarding the situation in the Middle East tempered broader market gains. The Nikkei climbed Read More
The Nikkei 225 Index declined by 0.93%, finishing at 65,683 on Thursday, as it retraced a portion of the gains from the prior session. This downturn was driven by renewed selling pressure on chipmakers and other technology stocks, amid ongoing apprehensions regarding the artificial intelligence sector. The losses occurred notwithstanding a further decrease in oil 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 benchmark Nikkei index experienced a significant surge on Friday, increasing by 4% as investor sentiment was bolstered following robust earnings guidance from Microsoft, which alleviated worries regarding substantial expenditures on artificial intelligence infrastructure. According to source, optimism surrounding global technology stocks has led to widespread purchasing activity in Japanese equities. The Nikkei concluded the 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
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 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
