The Japanese Nikkei index closed at its lowest level since the beginning of the year as investor sentiment was negatively affected by the rise in Covid-19 cases, some disappointing earnings announcements, and a decline in US stock futures. The Nikkei fell 1.8% to close at 27,283.59 points, the largest drop …
Read More »Japan Shares Close Higher Thanks to Positive Corporate Earnings
Japanese shares closed higher on Thursday, as Nissan Motor and some semiconductor companies reported surprisingly strong profits, while investors were relieved after the US Federal Reserve indicated it was in no hurry to cut monetary easing. The Nikkei rose 0.73% to 27,782.42 points, while the broader TOPIX index closed up …
Read More »Japan’s Nikkei Falls on US Stock Losses And Record Corona Cases in Tokyo
The Nikkei index fell to its lowest level in nearly 6 months on Wednesday, July 28, as losses in the US stock market and concerns about the growing cases with the Coronavirus affected sentiment. The Nikkei index fell 1.39% to 27,581.66 points, close to its lowest level in about 6 …
Read More »Nikkei Follows Global Gains But Virus Fears Undermine Sentiment
Japanese shares closed higher on Monday, tracking gains in global stock markets thanks to positive corporate results, but the gains were curbed by concerns about global Covid-19 cases that could weaken the country’s economic recovery further. The Nikkei rose 1.77% in early trading after a four-day weekend that saw the …
Read More »Asian Stocks Maintain Their Strength
Asian stock markets followed Wall Street’s lead, rising on Thursday’s trading, amid positive corporate earnings and optimism about the US economic recovery. The Hang Seng Index led the gains, jumping more than 1.5%, on reports that China will continue to open its financial sector and improve rules for foreign banks …
Read More »Japanese Stocks Rise After Five Sessions of Losses
Japanese stocks snapped a five-session losing streak as investors re-purchased shares whose prices fell amid cautious optimism about earnings ahead of a long weekend marking the start of the Tokyo Olympic Games. The Nikkei index closed up 0.58 percent at 27,548 points, rebounding from Tuesday’s six-month low, although it failed …
Read More »The TOPIX Index Closes Near a Month-High
Japanese stocks rose on Tuesday, July 13th, with the broader TOPIX index nearing its highest level in nearly a month, after markets recovered from last week’s sell-off, while a host of corporate results awaited to extract fresh clues about the health of Japan’s economy. The Nikkei index closed up 0.52% …
Read More »Japanese Stocks Recover Thanks to Confidence in Growth
Japanese stocks recovered today thanks to cyclical stocks, with renewed hopes for a quick economic recovery, while Yaskawa Electric shares jumped after raising expectations for annual profits. The Nikkei index rose 2.25% to close at 28569.02 points, while the broader Topix index advanced 2.14% to 1953.33 points. The two indices …
Read More »Japan Shares Plunge to 8-Week Lows on Fears of Slowing Growth
Japanese stocks plunged to an almost 8-week low on Friday, July 9, on fears of a slowing economic recovery after the country declared a state of emergency to curb the outbreak of the Coronavirus, but losses were curbed by hopes that the Bank of Japan might intervene to support the …
Read More »Japanese Shares Fall After Tokyo Declared a State of Emergency Ahead of The Olympics
Japanese stocks fell Thursday, July 8, before the country announced the re-imposition of a state of emergency to contain the rise in COVID-19 cases, which raised fears of an economic slowdown. The benchmark Nikki index fell by 0.88% to its lowest closing level in more than two weeks at 28,118.03 …
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