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
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 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
Japan’s Nikkei share average experienced an uptick on Wednesday, driven by a surge in chip-related shares following a robust performance on Wall Street and a positive outlook from chip equipment manufacturer ASML. The Nikkei closed 1.49% higher at 68,751.51, and the broader Topix rose 1.22% to 4,088.12. The S&P 500 and the Nasdaq advanced on Read More
The Nikkei 225 stock index in Tokyo saw a recovery on Thursday, following a sequence of falls that lasted for three consecutive days. In response to the recent decrease in the value of shares related with artificial intelligence and semiconductors, investors have repurchased those shares. As the day came to a close, the benchmark reached Read More
Most Asian stock markets experienced declines on Wednesday, as renewed selling pressure on semiconductor shares continued this week’s artificial intelligence-driven valuation adjustment. This trend has positioned South Korea’s KOSPI close to entering a bear market, despite an initial effort at bargain hunting.Oil prices continued to be high following the United States’ recent military actions against Read More
