Japan shares closed lower on Monday after Prime Minister Yoshihide Suga said he was considering declaring a state of emergency in Tokyo and surrounding areas to contain the spike in coronavirus infections domestically. The Nikkei index fell 0.68% to 27,258.38 points on its first trading day in 2021, its biggest …
Read More »Nikkei Index Retreats From Its 30-year High But Ends The Year With 16% Gains
The Japanese Nikkei Index closed lower on the last trading day of this year, retreating from its highest level in more than thirty years, which it reached in the previous session as investors took profits, but recorded gains for the second year in a row. The index fell 0.45% to …
Read More »Japan Stocks Closed Near The Peak of 3 Decades After Trump Signed The Stimulus
Japanese shares rose in thin holiday trading on Monday, heading towards the highest level in nearly three decades, as investors continue to bet that the US stimulus and Corona vaccines will accelerate the pace of the global economic recovery. The benchmark Nikkei index ended the day 0.74% higher at 26,854.03 …
Read More »Nikkei is approaching its 30-year high, supported by hopes of a recovery
Japanese stocks rose Thursday, December 24th, to be around the corner from their highest levels in nearly three decades, as the distribution of the vaccine supports hopes for an economic recovery from the Covid-19 pandemic, while the shares of heavy machinery manufacturers gained on the background of a shift in …
Read More »BOJ’s Kuroda: Japan’s Economy Likely to Improve Moderately as a Trend
“Japan’s economy is likely to improve moderately as a trend,” the Bank of Japan (BOJ) Governor Haruhiko Kuroda said in a scheduled speech at the Japan Business Federation’s Board of Councillors Meeting, in Tokyo. There is high uncertainty for economic outlook as it will likely take time for vaccines to …
Read More »Nikkei Drops to 3-Week Low as The New Virus Strain Affects Recovery Hopes
Japanese stocks tumbled to a three-week low today, Tuesday, as investors reaped profits after record gains over the past two months, amid fears that a new strain of the rapidly spreading Coronavirus discovered in Britain would undermine the speed of the global economic recovery. The Nikkei fell 1.04%, the biggest …
Read More »Nikkei Closed Lower on Virus Fears But going to score Weekly Gains
Japan’s Nikkei index closed lower on Friday on concerns about the risks that a surge in COVID-19 cases in Tokyo posed to the prospects for a recovery in the world’s third-largest economy, but the index made weekly gains. The Nikkei index lost 0.16% to 26,763.39 points, while the broader TOPIX …
Read More »Japan Stocks Closing Higher on Hopes of US Stimulus
Japanese stocks closed higher for a second session Thursday (December 17th) as sentiment received a boost from expectations of further economic stimulus in the US and pledges of support from the US Federal Reserve. The benchmark Nikkei index rose 0.18% to 26,806.67 points, offsetting losses incurred in morning trade. The …
Read More »Nikkei Posts First Weekly Loss in 6 Weeks Due to Brexit And Virus Fears
Japan’s Nikkei index fell on Friday, posting its first weekly loss in six weeks, as risk appetite waned due to the uncertainty surrounding Brexit, US stimulus and concerns about a spike in COVID-19 cases. The Nikkei fell 0.39% to close at 26,652.52 points, losing 0.37%for the week. But the broader …
Read More »Japan Stocks Close Lower, Softbank Jumps 11%
Japanese stocks closed lower Thursday, December 10, as the Brexit crisis and political squabbling over fiscal stimulus in the United States pressured investor sentiment around the world, while market heavyweight Softbank Group jumped to its highest level in more than 20 years thanks to the inclusion of Doordash. Softbank rose …
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