The Japanese Nikkei index ended Thursday, September 30, with its best monthly performance since November 2020, even as markets fell for the fourth consecutive session on concerns about the growth of the Chinese economy due to the worsening electricity crisis. The Nikkei index fell 0.31% to 2,9452.66 points but recorded …
Read More »Chip And Shipping Companies Push Japan Shares Lower
Japanese stocks closed lower on Tuesday, September 28, as heavy losses in chip and shipping makers outweighed investors’ hopes of a steady economic growth momentum under new political leadership in the run-up to the ruling party’s election. The Nikkei index fell 0.19%, to close at 30,183.96 points, after falling as …
Read More »Japan Shares Give Up Early Gains on Profit-Taking
Japanese stocks closed slightly lower Monday, September 27, giving up early gains, led by cyclical stocks, as investors booked profits after a sharp rally this month, while caution also prevailed ahead of a change in the country’s political leadership. Nikkei fell by 0.03% to close at 30240.06 points, after rising …
Read More »Japan Shares Jump With The Support of The Financial Sector
Japan’s shares jumped, in the last sessions of the week, supported by shares related to the economic cycle, due to hopes of achieving economic recovery, while investors expressed optimism that the repercussions of the debt crisis of China’s Evergrande Group would not affect the rest of the markets. The Nikkei …
Read More »Nikkei Hits Two-Week Low Amid Caution Ahead of Fed Meeting
The Nikkei hit a more than two-week low on Wednesday, September 22nd, as investors cautiously looked to the outcome of the US Federal Reserve meeting for more indications on when to end stimulus and raise interest rates. The benchmark index closed down 0.67% at 29639.40 points, while the broader TOPIX …
Read More »BoJ Decision: Forecasts From Three Major Banks
The Bank of Japan (BoJ) will announce its policy decision on Wednesday, September 23 at 05:00 GMT. here are the expectations forecast by three major banks. SocGen “Given that the fifth wave of the coronavirus has begun to be contained, we expect that the BoJ will maintain its current main …
Read More »Japan Shares Close Lower on Evergrande
Japanese stocks tracked the decline in global markets, closing lower on Tuesday, as investors abandoned risky assets on fears of a possible default by China’s Evergrande Group, but some buying to seize opportunities helped limit losses. The Nikkei index fell 2.17 percent to close at 2,9839.71 points, its biggest drop …
Read More »Japan Shares Close With Gains For The Fourth Consecutive Week
Japanese stocks closed higher on Friday, September 17th, posting gains for the fourth consecutive week, as chip heavyweights jumped and some investors contributed to the latest gains. Hopes for new political leadership, an increase in COVID-19 vaccinations, and a decline in infections rose to the Nikkei index by an average …
Read More »Japan Shares Close Lower on Profit-Taking
Japanese stocks closed lower for the second consecutive session on Thursday, as investors continued to book profits after the recent rally boosted by hopes of new political leadership. The Nikkei index fell 0.62 percent to close at 30,323.34 points, after rising about 0.36 percent earlier in the session. The broader …
Read More »Japan’s Nikkei Falls From 3-Decade High on Profit-Taking
Japan’s Nikkei fell at the close on Wednesday from a three-decade high hit in the previous session as investors took profits after a strong rally in the past two weeks, as regulatory concerns in China weighed on SoftBank Group and real estate stocks. The Nikkei index fell 0.52% to close …
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