{"id":84312,"date":"2023-05-22T11:40:00","date_gmt":"2023-05-22T07:40:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=84312"},"modified":"2023-05-22T12:15:03","modified_gmt":"2023-05-22T08:15:03","slug":"the-nikkei-index-closed-higher-for-the-eighth-day","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/the-nikkei-index-closed-higher-for-the-eighth-day\/05\/22\/market-updates\/","title":{"rendered":"The Nikkei index closed higher for the eighth day"},"content":{"rendered":"\n<p>The Japanese Nikkei index closed higher on Monday, extending its gains for the eighth consecutive session, at a time when investors continue to buy local stocks with discounted prices, amid optimism about companies&#8217; efforts to enhance investor returns.<\/p>\n\n\n\n<p>The Nikkei index reversed course, jumping 0.9 percent to 31,086.82 points, its highest close since July 1990, and its longest winning streak since April 2023.<\/p>\n\n\n\n<p>The broader Topix index rose 0.66 percent to 2,175.90 points.<\/p>\n\n\n\n<p>The Nikkei index hit a 33-year high on Friday, supported by continued improvement in shareholder returns, strong expectations and a weaker yen.<\/p>\n\n\n\n<p>&#8220;The Nikkei index&#8217;s gains accelerated in the afternoon session, most likely because foreign investors tried to buy more Japanese stocks,&#8221; said Chihiro Ota of SMBC Securities.<\/p>\n\n\n\n<p>&#8220;But the market may have peaked and may have paused its gains somewhat in the short term due to concerns surrounding the US debt ceiling negotiations,&#8221; he added.<\/p>\n\n\n\n<p>The insurance sector topped the gaining sub-sectors, jumping 2.35 percent. The airlines and railways sectors also rose 2.21 percent and 1.62 percent, respectively.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Japanese Nikkei index closed higher on Monday, extending its gains for the eighth consecutive session, at a time when investors continue to buy local stocks with discounted prices, amid optimism about companies&#8217; efforts to enhance investor returns. The Nikkei index reversed course, jumping 0.9 percent to 31,086.82 points, its highest close since July 1990, &hellip;<\/p>\n","protected":false},"author":9,"featured_media":70953,"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-84312","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\/84312","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=84312"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/84312\/revisions"}],"predecessor-version":[{"id":84313,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/84312\/revisions\/84313"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/70953"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=84312"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=84312"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=84312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}