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 share gauge experienced an uptick on Friday, bolstered by a surge in AI-related stocks. Concurrently, the nation’s bond market and currency showed improvement, influenced by a possible shift in the investment strategy of Japan’s substantial pension funds. The benchmark Nikkei 225 experienced an increase of 2%, reaching 69,121.02, while the broader Topix saw 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 average declined to a one-week low on Tuesday, pulling back after a robust rally that had propelled the index to consecutive record highs, leading investors to secure profits. The Nikkei dropped 3.6% to 69,788.38, hitting a one-week low and closing below the 70,000 mark for the first time since last Wednesday. The Read More
Japan’s Nikkei share average closed at a record high for a third consecutive session on Wednesday, finishing just below the 70,000 threshold, as concerns over the Middle East conflict eased and sustained buying in AI-related shares continued in anticipation of the U.S. Federal Reserve’s policy decision. The Nikkei rose 0.7% to close at 69,902.25 after Read More
Japan’s Nikkei share average concluded the trading session nearly flat on Thursday, as investors evaluated the latest developments in the Middle East, recovering from earlier losses following Washington’s confirmation that its overnight strikes on Iran had come to an end. The Nikkei closed 0.06% higher at 64,217.27, recovering from an early selloff of nearly 3%. Read More
Japan’s Nikkei 225 surpassed 67,000 for the first time on Monday, driven by a significant increase in SoftBank Group, which has now become the nation’s most valuable listed company. This development highlights the expanding influence of the artificial intelligence sector in Tokyo. The blue-chip gauge experienced an increase of up to 1.4%, reaching an intraday Read More
Japan’s benchmark Nikkei 225 index experienced a decline of approximately 1% on Tuesday, coinciding with a U.S. national holiday, while the majority of Asian markets remained closed in observance of the Lunar New Year holidays. U.S. futures experienced a downturn, while oil prices exhibited a varied performance. The prices of gold and silver experienced a Read More
On Thursday, South Korea’s markets spearheaded the declines across the Asia-Pacific region, mirroring the losses on US Market as the sell-off in the tech sector intensified. Seoul’s Kospi index tumbled 3.86% to 5,163.57, leading losses in Asia, as chip heavyweights Samsung and SK Hynix fell 5.8% and 6.44%, respectively. Among the other significant decliners was Read More
On Thursday, Japanese tech stocks experienced a decline as concerns regarding AI infrastructure spending permeated into Asian markets, leading to a downturn in AI-related stocks. Softbank Group Corp experienced significant declines, ranking among the top losers in the benchmark Nikkei 225, which saw a drop of as much as 7.25%. This decline contributed to the Read More
