Japanese stocks rose on Tuesday, April 13th, led by gains in shares of glass products companies and retail stores, after recording strong results, but fears of an increase in local Coronavirus infections hit travel-related stocks. The Nikkei index rose 0.72% to 29751.61, settling above a major support level from the …
Read More »Japan shares Closing Higher on Hopes For a Strong Corporate Earnings Season
Japanese shares closed higher on Friday (April 9th), as they received support from growing expectations that companies will post strong earnings and issue optimistic expectations as the earnings reporting season begins. The Nikkei index rose 0.2% to 29,768.06 points, while the broader TOPIX index gained 0.39% to 1,959.47 points. Stocks …
Read More »Japan Shares Drop Due to Coronavirus Fears
Japanese shares fell on Thursday, April 8, as they came under pressure from a rise in domestic infections with the Coronavirus and the possible return of restrictions on economic activity. The Nikkei index fell 0.07% to 29,708.98 points, while the broader Topix index fell 0.79% to 1,951.86 points. The Tokyo …
Read More »Japanese Stocks Closed Higher on Strong US Jobs Data
Japanese stocks closed higher on Monday, April 5, as strong employment data in the United States reinforced optimism about the recovery of the world’s largest economy, prompting investors to buy index-heavy stocks such as Softbank Group and Fast Retailing, in addition to shares of companies linked to the chip industry. …
Read More »Japan’s Nikkei Hits a Two-Week High on Hopes of a Recovery in Corporate Earnings
Japanese shares closed higher on Friday, while the Nikkei index reached a two-week high, on hopes of recovering corporate earnings and gains in semiconductor stocks as companies appear to be ramping up production to address a global chip shortage. The Nikkei rose 1.58% to close at 29,854 points. The broader …
Read More »Japan Stocks Rise on Tech Sector
Japanese stocks rose Thursday, April 1st, as investors snapped up shares of semiconductor companies on the first day of the new fiscal year, thanks to hopes for strong corporate business results. The benchmark Nikkei index closed 0.72% higher at 29,388.87 points, while the broader Topix index increased 0.19% to 1,957.64 …
Read More »Japan Stocks Closing Higher on a Jump in The Cycle-Related Sectors
Japanese stocks closed higher on Friday, while SoftBank led the gains on the Nikkei index, as investors snapped up decliners after falling sharply this week. The Nikkei index rose 1.56% to close at 29,176.70 points, while the broader Topix index advanced 1.46% to 1,984.16 points. For the week, the Nikkei …
Read More »Japan Stocks Closing Higher on a Jump in The Cycle-Related Sectors
Japanese stocks closed higher on Thursday, March 25th, as investors bought shares linked to the economic cycle that had fallen in the past, but the gains were curbed by technology stocks that traced the Nasdaq downward trail. The Nikkei index closed up 1.14% to 28,729.88 points, ending a four-day losing …
Read More »Japan Shares Closed Lower Affected by US Bond Yields
Japan shares gave up early gains to close on Tuesday, March 23rd lower, following a weak performance in China markets as investors reaped profits from the recent rise of some companies on the mainland, while risk appetite was weakened by fluctuations in US bond yields. The Nikkei index fell 0.61% …
Read More »Japan Stocks Plummet After a Chip Plant Fire
Japanese stocks plunged as carmakers were hit after a fire broke out at a factory owned by a semiconductor supplier Renesas Electronics, sparking fears that vehicle production would be hit by further shortages of chips. The Nikkei continued to perform below the level of the broader market after the Bank …
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