The Japanese Nikkei index rose to its highest level in more than 6 weeks at the close on Friday, July 22, supported by gains in growth-related stocks that followed the path of gains on Wall Street in the evening, and the shares of shipping companies, which rose after recording strong gains.<\/p>\n\n\n\n
The Nikkei index rose 0.4% to close at 27,914.66 points, the highest closing level since the ninth of June.<\/p>\n\n\n\n
The index jumped 4.2% this week, its biggest weekly gain since March 25.<\/p>\n\n\n\n
It also rose for the seventh consecutive session, which is the longest continuous period of rise since the end of March.<\/p>\n\n\n\n
The broader Topix index rose 0.28% to 1955.97 points and recorded a weekly increase of 3.35%.<\/p>\n\n\n\n
US stocks rose on Thursday, July 21, supported by the rise and strong gains in the evening of leading growth-related stocks such as Tesla.<\/p>\n\n\n\n
Shares of Tokyo Electron, the electronic chip maker, rose 1.34%,<\/p>\n\n\n\n
Daikin air conditioner maker shares rose 3.45%.<\/p>\n\n\n\n
The shipping sector index jumped 4.75% after 3 large companies announced their annual profit forecasts.<\/p>\n\n\n\n
Kawasaki Kisen shares rose 11.31%, while Nippon Yusen shares jumped 4.02%.<\/p>\n\n\n\n
Utility stocks fell, with Tokyo Electric Power Co. down 8.3%, and Chubu Electric Power Co. down 2.75%.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Japanese Nikkei index rose to its highest level in more than 6 weeks at the close on Friday, July 22, supported by gains in growth-related stocks that followed the path of gains on Wall Street in the evening, and the shares of shipping companies, which rose after recording strong gains. The Nikkei index rose …<\/p>\n","protected":false},"author":9,"featured_media":57860,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[39,36],"tags":[7211,6877,6928,6882],"class_list":["post-68896","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates","tag-currencies","tag-dollar","tag-euro","tag-forex"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/68896","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=68896"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/68896\/revisions"}],"predecessor-version":[{"id":68897,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/68896\/revisions\/68897"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/57860"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=68896"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=68896"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=68896"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}