{"id":74991,"date":"2022-11-02T12:59:00","date_gmt":"2022-11-02T08:59:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=74991"},"modified":"2022-11-02T12:36:44","modified_gmt":"2022-11-02T08:36:44","slug":"nikkei-closes-flat-ahead-of-fed-decision","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/nikkei-closes-flat-ahead-of-fed-decision\/11\/02\/market-updates\/","title":{"rendered":"Nikkei closes flat ahead of Fed decision"},"content":{"rendered":"\n<p>Japan&#8217;s Nikkei index ended Wednesday&#8217;s trading in the Tokyo Stock Exchange little changed amid weak trading ahead of the Federal Reserve&#8217;s decision on interest, which would also give clues to the bank&#8217;s future policy path. Still, investors were keen to buy Sony Group shares in light of strong expectations.<\/p>\n\n\n\n<p>Nikkei fluctuated during the session between ups and downs, before closing at 27,663.39 points. Sony shares lifted the broader Topix index 0.10 percent to 1,940.46 points.<\/p>\n\n\n\n<p>Sony shares rose 7.01 percent after the group raised its full-year operating profit forecast by 4.5 percent.<\/p>\n\n\n\n<p>Leading TDK also jumped 6.72 percent after the sensor maker raised its annual net profit forecast, while Subaru shares rose 3.78 percent after it tripled its annual operating profit forecast.<\/p>\n\n\n\n<p>Investors refrained from actively trading in anticipation of the US central bank&#8217;s rate decision later on Wednesday.<\/p>\n\n\n\n<p>Japanese markets will be closed on Thursday due to a local holiday.<\/p>\n\n\n\n<p>Toyota Motor shares fell for a second session, falling 0.25 percent, after the automaker posted a worse-than-expected 25 percent drop in quarterly profit and lowered its annual production target.<\/p>\n\n\n\n<p>Kao&#8217;s shares fell 8.71 percent, weighing on the Nikkei, as the cosmetics company reported a lower profit in the fourth quarter.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Japan&#8217;s Nikkei index ended Wednesday&#8217;s trading in the Tokyo Stock Exchange little changed amid weak trading ahead of the Federal Reserve&#8217;s decision on interest, which would also give clues to the bank&#8217;s future policy path. Still, investors were keen to buy Sony Group shares in light of strong expectations. Nikkei fluctuated during the session between &hellip;<\/p>\n","protected":false},"author":9,"featured_media":71426,"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-74991","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\/74991","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=74991"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/74991\/revisions"}],"predecessor-version":[{"id":74992,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/74991\/revisions\/74992"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/71426"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=74991"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=74991"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=74991"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}