Japan’s Nikkei share average increased by over 4% on Thursday, achieving a record closing high, driven by a surge in AI-related stocks following the positive quarterly profit and revenue forecast from U.S. memory chipmaker Micron. The Nikkei closed 4.6% higher at 72,366.34, snapping two straight sessions of declines. The broader Topix rose 1.33% to 4,016.47. Read More
Japan’s Nikkei share average experienced a decline on Wednesday, driven by escalating tensions in the Middle East that prompted investors to pivot away from high-performing technology stocks sensitive to fluctuations in energy prices. The benchmark Nikkei 225 Index declined by 1.89%, closing at 64,179.27, marking a reversal from a 2.1% increase in the previous session. Read More
Japan’s Nikkei share average concluded the trading day on a positive note on Tuesday, buoyed by a rebound in chip-related heavyweights that had suffered significant losses in the preceding session. The Nikkei closed up 2.17% at 65,416.63. The index experienced a decline of 3.85% on Monday, marking its most significant one-day loss in the past Read More
Japan’s Nikkei share average declined on Friday for the second straight session after reaching a record high earlier this week, as momentum in the booming technology sector began to wane. The benchmark Nikkei 225 Index sank 1.3% to close at 66,588.12, managing a 0.3% gain for the week. The broader Topix decreased by 0.07% to Read More
Japanese stocks continued their upward trajectory, reaching yet another record high on Thursday, buoyed by a resurgence of confidence in domestic politics and the economic agenda of the ruling administration. However, experts caution that there exists a disjunction between the stock market and underlying economic fundamentals. Japan’s benchmark Nikkei 225 index surpassed 58,000 in early Read More
Japanese stocks have reached unprecedented levels, fueled by a resurgence of confidence in domestic political dynamics and the economic strategies of the ruling administration. However, analysts caution that there exists a disjunction between the stock market performance and underlying economic fundamentals. Japan’s Nikkei 225 has achieved notable milestones in recent days, surpassing 56,000, then 57,000, Read More
