Japan’s Nikkei index fell at the end of trading on Wednesday, after shares of companies that are expected to achieve high growth suffered losses amid investors’ fears that the Federal Reserve may accelerate policy tightening to counter the rising inflation risks. On Monday, US President Joe Biden re-nominated Jerome Powell …
Read More »Japan Shares Close Higher on Energy
Japan’s Nikkei rose on Friday after giant chip makers followed in the footsteps of their US counterparts and energy stocks rose following a recovery in oil prices. But losses incurred by SoftBank Group limited the gains for the second consecutive session. Alibaba Group, SoftBank Group’s biggest asset, on Thursday forecast …
Read More »Japan Shares Trim Losses at The Close
Japanese stocks fell slightly at the close of today’s session, and cyclical companies and oil companies led the decline but trimmed losses after a media report that Prime Minister Fumio Kishida’s stimulus package will be larger than expected. The Nikkei index closed down 0.3% to 29,598.66 points but trimmed its …
Read More »Japanese Stocks Change Course And Close Lower
Japanese stocks reversed course to close as well on Wednesday 17th November, as concerns about rising costs and a weaker yen outweighed the positive impact of a rally in technology stocks. The Nikkei index fell 0.4% to 2,9688.33 points, while Topix fell 0.6% to 2,038.34 points. Speaking of currency splits, …
Read More »Japanese Stocks Close Slightly Higher in Limited Trading
Japanese stocks closed slightly higher on Tuesday, erasing most of their gains during the day due to the lack of any market movement news, but gains by companies with positive expectations supported the overall trend of stocks. The Nikkei index rose 0.11 percent to 29,808.12 points, while the broader Topix …
Read More »Japan’s Economy Shrinks More Than Expected in Q3
Japan’s economy contracted faster than expected in the third quarter of 2021 as global supply disruptions and new COVID-19 cases impacted business and consumer spending, posing challenges to the new government’s plans in Tokyo for growth. Preliminary GDP data showed Japan’s economy contracted at an annual rate of 3% during …
Read More »Japanese Stocks Close Higher
Technology shares supported the Tokyo Stock Exchange to close higher, with investors eager to buy, but the rise in the Tokyo Stock Exchange was lagged by global shares on concerns about the impact of increased costs on corporate profits. The Nikkei index rose 1.13%, recording 2,9609.97 points, to continue its …
Read More »The Rise of The Yen Brings Japanese Nikkei Down
The Nikkei index retreated from mid-session gains, to close lower on Tuesday, November 9, pressured by the rise in the yen and some disappointing business results, but the rise of technology shares led by Softbank Group limited losses. The Nikkei index closed down 0.75% to 29285.46 points, after rising 0.82% …
Read More »Japan Shares Close Lower, But Record Gains For The Second Week in a Row
Japanese stocks fell at the end of the last sessions of the week, affected by doubts about the expectations of local companies, while technology shares recorded gains, tracking the rise of the Nasdaq index, which limited losses. The Nikkei index lost 0.61% to close at 29611.57 points, after rising 0.15% …
Read More »Japanese Stocks Rise Following U.S. Stocks
Japanese stocks ended trading higher Thursday, November 4, tracking the impact of a rally in Wall Street after the US Federal Reserve revealed plans to taper, but the decline in shares of the Kawasaki Kisen shipping company, despite recording a record quarterly profit, limited the gains. The Nikkei index rose …
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