Japanese stocks closed lower on Tuesday, January 26, as they witnessed profit-taking sales due to concerns about delays in the distribution of anti-coronavirus vaccines, as well as in an American stimulus package and a state of tension before the start of the corporate earnings announcement season. The Nikkei index fell …
Read More »Japan Stocks Gaining Momentum, Tracking US Futures
Japanese stocks rose on Monday, erasing early losses, led by technology stocks and drugmakers as US futures rallied on hopes that lawmakers would soon pass a major economic stimulus to revive growth in the world’s largest economy. The Nikkei index on the Tokyo Stock Exchange gained 0.67% to 28,822.29 points, …
Read More »Nikkei Dropping From Its 30-Year Peak as The Focus Shifts to Corporate Profits
Japanese stocks retreated from a 30-year peak Friday (January 22nd), as investors were reluctant to make big bets ahead of the corporate earnings season while some took profits after a recent rally led by hopes of a massive stimulus in the United States. The Nikkei index closed down 0.44% to …
Read More »Nikkei Closed at Its Highest Level in 30 Years, Supported by Optimism After Biden’s Inauguration
Japanese stocks rose to a 30-year high at the close, on the path of a strong performance for Wall Street stocks yesterday, thanks to investor optimism about positive corporate earnings as well as expectations of enhanced growth due to a huge stimulus package from the new US administration. The Nikkei …
Read More »Nikkei Drops Profit-Taking
Japanese stocks gave up early trade gains on Wednesday on profit-taking as US Treasury nominee Janet Yellen’s call for big spending did not come as a surprise to investors. The Japanese Nikkei index fell 0.38% to 28,523 points, while the broader Topix index fell 0.34% to 1,849 points. Asian stocks …
Read More »Japan’s Nikkei Closes Higher
Japanese stocks closed higher, after falling for two consecutive sessions, as investors held decliners, while carmakers and semiconductor stocks led the rally. The Nikkei index rose 1.39% to 28,633.46 points, while the broader Topix index rose 0.56% to 1,855.84 points. Sentiment was boosted after Chinese data released on Monday raised …
Read More »Japanese manufacturers’ confidence stabilizes in January, and services slump
The Reuters Tankan survey showed that the confidence of Japanese manufacturers had stabilized in January, to become less pessimistic in more than a year about the repercussions of Covid-19, but service companies increased pessimism in conjunction with the start of new closures involving the majority of the country’s population. The …
Read More »Nikki Closes at Its Peak of 30 Years With The Rise of Drugmakers
Japan’s Nikkei index rose to close at its highest level in three decades on Tuesday, as drugmakers’ shares led activity thanks to a report stating that a drug manufactured by Chujai Pharmaceuticals is effective in treating Covid-19 patients. The Nikkei index rose 0.09% to 28,164.34 points, after recovering from early …
Read More »Nikki Reaches a Peak of 30 Years And Financial Sector is The Top Performer
Japanese shares closed higher on Thursday, while the Nikkei index hit a 30-year high with the support of financial stocks, as US Treasury yields rose thanks to hopes of greater stimulus following a Democratic sweep in a two-seat Senate election in Georgia. The Nikkei index closed more than 1% higher …
Read More »Japan Stocks Closed Lower Amid Hazy US Senate Race
Japanese stocks closed lower on Wednesday, amid uncertainty surrounding the results of two-seat re-election for the US Senate in Georgia, as sentiment hurt the prospect of declaring a state of emergency in Tokyo and surrounding cities this week. The Nikkei index ended the session down to about 28 thousand points …
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