Tokyo stocks rose Friday, with the Nikkei stock index posting a five-trading-day winning streak, buoyed by dividend-driven buying, while continued gains in artificial intelligence- and semiconductor-related shares led the market higher amid a lack of fresh trading cues. The 225-issue Nikkei Stock Average ended up 850.21 points, or 1.30 percent, from Thursday at 66,364.20. The Read More
Following the unveiling of a new handheld device by Meta Platforms, rising bond yields exerted pressure on financial shares, as reported. The Nikkei increased by 1.33% to 65,883.41 at the midday break, whereas the broader Topix saw a modest rise of 0.12% to 4,096.01. Japanese markets were closed until Wednesday because of public holidays, resulting Read More
The Nikkei 225 Index increased by 0.9% to surpass 64,600 on Friday, marking its third consecutive session of gains following the Bank of Japan’s decision to raise its policy rate by 25 basis points to 1.25%, a move that was anticipated by market participants. Investors will now seek direction regarding the potential for additional tightening Read More
Japan’s Nikkei share gauge experienced an uptick for the first time in four sessions on Wednesday, propelled by energy producers amid heightened oil prices. The benchmark Nikkei 225 rebounded from an initial downturn, ultimately rising by 0.69% to close at 63,923. The broader Topix experienced an increase of 0.61%, reaching a level of 4,061.72. Investors Read More
The Nikkei 225 Index dropped 0.01% to settle at 63,484 on Tuesday, while the larger Topix Index dropped 0.52% to 4,037 as Japanese stocks found it difficult to hold onto earlier gains in the face of rising global bond yields and oil prices. Oil prices remained close to four-month peaks, as benchmark yields in the Read More
Japan’s Nikkei share gauge experienced a significant decline on Monday, primarily influenced by a downturn in technology shares following a call from leaders of major AI companies for a deceleration in development. The benchmark Nikkei 225 experienced a decline of 1.61%, reaching 62,979.17 in early trading. The broader Topix increased by 0.40%, reaching a level Read More
Japan’s Nikkei share average concluded the trading session on Monday with an increase exceeding 2%, propelled by stocks associated with chips and artificial intelligence, following the upward movement in U.S. semiconductor equities. The Nikkei experienced an increase of 2.12%, closing at 66,399.84, marking its highest closing level since August 28. The broader Topix experienced an Read More
Japan’s Nikkei share average declined for the fourth straight session on Thursday, marking its lowest close in a month. This downturn reflects the prevailing uncertainty surrounding interest rates and currencies, which has deterred investors from engaging with risk assets. The Nikkei 225 Index concluded the session down 0.17 percent at 64,214.48, having faced challenges in Read More
Japan’s Nikkei share average experienced an increase on Friday, primarily driven by technology stocks. However, the extent of the gains was limited due to ongoing concerns regarding inflation and the uncertainty surrounding the potential signals from Federal Reserve Chair Kevin Warsh’s upcoming speech at Jackson Hole. The Nikkei rose 0.4% to close at 66,405.56. Chip-testing Read More
Japan’s Nikkei share average recorded its most significant weekly decline in over a month on Friday, as the ongoing uncertainty related to the Middle East conflict propelled oil prices upward, intensifying inflationary apprehensions. The Nikkei concluded the trading session at 66,016.36, reflecting a decline of 0.3%. Over the course of the week, the index has Read More
