Japan’s industrial production continued to grow in April as manufacturers benefited from a recovery in appetite for capital goods, especially in key overseas markets. The world’s third-largest economy is expected to grow this quarter at a much slower pace than previously thought after the government extended anti-coronavirus measures in Tokyo …
Read More »Japan Shares Close Lower on Profit-Taking
Japanese shares closed lower on Monday, as investors booked profits after a recent rally, but losses were limited thanks to a positive conclusion from domestic drug makers. The Nikkei index lost 0.99% to record 28,860.08 points at the close, while the broader Topix index fell 1.26% to 1922.98 points. The …
Read More »Japan Shares Close Higher With Growing bets on Recovery on Vaccine
Japanese stocks closed higher on Friday, May 28, as investors flocked to stocks linked to the wave of selling launched in the previous session by an adjustment by MSCI, while progress in the launch of vaccines raised risk appetite in hopes of a rapid economic recovery. The Nikkei index rose …
Read More »Japan Stocks Tumble on Profit-Taking Selling And Pandemic Fears
Japanese stocks fell Thursday, May 27, as investors trimmed their positions after a recent increase, in light of a possible extension of emergency measures linked to Covid-19, which raised concerns about the growth of the local economy. The Nikkei index trimmed its losses during the day, closing down 0.33% to …
Read More »Japan’s Government Cuts Economic View in May
In its May report, the Japanese government slashed its economic view for the first time in three months, in the face of the impact of the COVID-19 state of emergency. “The government cut its assessment of the overall economy for the second time this year, after also doing so in …
Read More »Japan Shares Snapped Slight Gains By The End of Asian Session
Japanese stocks made slight gains today, Wednesday, to record up for the fifth consecutive day, but lacked momentum in light of the uncertainty surrounding the global inflation situation and the local cases of coronavirus, which discourages investors from testing major resistance levels on the upside. The Nikkei index rose 0.31% …
Read More »Japanese Stocks Closed Higher on Wall Street’s Gains
Japanese stocks closed higher on Tuesday as heavy domestic tech stocks were supported by a strong Nasdaq close overnight, but fears of a slow economic recovery due to a weak start to the vaccination campaign dampened gains. The Nikkei rose 0.67% to close at 28,553.98, while the Topix index rose …
Read More »Japanese Stocks Closed Higher on Hopes For Global Economic Growth
Japanese stocks closed higher on Monday, driven by a boost from stocks sensitive to global economic growth, as investors were optimistic about positive data on US factory activities that helped the Dow index to close, adding to an increase in the previous session. The benchmark Nikkei index advanced 0.17% to …
Read More »Japan Shares Closed Lower as Sentiment Weighed by the Pandemic Restrictions
Japanese stocks closed lower on Wednesday, tracking down on Wall Street last night, while stocks of companies linked to the economic cycle fell, as investor sentiment was affected by fears stemming from the country’s economic downturn as a result of the pandemic. The Nikkei index fell 1.28% to close at …
Read More »Japan Shares Jumped as Investors Ignored The GDP Data
Japanese stocks jumped today, as investors ignored data that showed that the economy was back in contraction, and they turned to stocks whose valuations were damaged in recent waves of selling. The Nikkei rose 2.09% to close at 28,406.84 points, recovering from its lowest level in four months, which it …
Read More »