Japan’s Nikkei index extended gains to close higher on Wednesday as sentiment improved after data showed manufacturing activity in China expanded in February at the fastest pace in more than a decade.<\/p>\n\n\n\n
The Nikkei index closed up 0.26 percent at 27,516.53 points, after falling as much as 0.5 percent earlier on Wednesday on the trail of the main indices on Wall Street.<\/p>\n\n\n\n
The broader Topix index rose 0.23 percent to 1,997.81 points.<\/p>\n\n\n\n
The Dow Jones Industrial Average fell last night by 0.71 percent, the Standard & Poor’s 500 Index fell by 0.30 percent, and the Nasdaq Composite Index fell by 0.1 percent.<\/p>\n\n\n\n
The PMI for China’s manufacturing sector jumped to 52.6 last month, far outpacing analysts’ expectations of 50.5.<\/p>\n\n\n\n
Japan’s Ajinomoto jumped 9.31 percent after the processed food company raised its annual profit forecast and announced an upward dividend policy, which supported the benchmark index.<\/p>\n\n\n\n
The food and beverage products sector index rose 0.7 percent. The index of shares of oil exploration companies rose 2.81 percent, leading the gainers among the 33 sub-indices on the Tokyo Stock Exchange.<\/p>\n\n\n\n
Banking shares fell 0.294%, after rising 9% so far this year.<\/p>\n","protected":false},"excerpt":{"rendered":"
Japan’s Nikkei index extended gains to close higher on Wednesday as sentiment improved after data showed manufacturing activity in China expanded in February at the fastest pace in more than a decade. The Nikkei index closed up 0.26 percent at 27,516.53 points, after falling as much as 0.5 percent earlier on Wednesday on the trail …<\/p>\n","protected":false},"author":9,"featured_media":80397,"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-80784","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\/80784","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=80784"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/80784\/revisions"}],"predecessor-version":[{"id":80785,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/80784\/revisions\/80785"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/80397"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=80784"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=80784"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=80784"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}