The Japanese Nikkei index stopped a wave of losses that lasted for three consecutive sessions on Tuesday, October 24, and rose in a volatile session as investors bought distressed stocks when they fell.<\/p>\n\n\n\n
The Nikkei rose 0.2% to close at 31,062.35 points after falling 1.4% earlier in the session.<\/p>\n\n\n\n
The Nikkei rose 0.51% at the open, but changed course after NEDC shares declined following the electric motor manufacturer’s announcement that it would maintain its annual profit forecast despite the increase in quarterly revenue.<\/p>\n\n\n\n
Markets remain in a state of anxiety fearing that the conflict between Israel and the Palestinian Islamic Resistance Movement (Hamas) will escalate into a broader war in the region.<\/p>\n\n\n\n
As for individual stocks, Fast Retailing, which owns the Uniqlo department store chain, rose 1.74%, giving the Nikkei index the largest boost.<\/p>\n\n\n\n
Softgroup Technology shares rose 1.68%.<\/p>\n\n\n\n
Advantest, a manufacturer of chip-making equipment, recovered from losses incurred earlier in the session and ended trading up 0.63%.<\/p>\n\n\n\n
NEDC shares fell 10.52%, becoming the worst performer on the Nikkei index.<\/p>\n\n\n\n
The broader Topix index rose 0.09% to 2,240.73 points after touching the lowest level since June 8.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Japanese Nikkei index stopped a wave of losses that lasted for three consecutive sessions on Tuesday, October 24, and rose in a volatile session as investors bought distressed stocks when they fell. The Nikkei rose 0.2% to close at 31,062.35 points after falling 1.4% earlier in the session. The Nikkei rose 0.51% at the …<\/p>\n","protected":false},"author":9,"featured_media":90891,"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":[37,36],"tags":[6837,6885,8501,8143],"class_list":["post-91348","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-eurozone","tag-fed","tag-feds-beige-book","tag-interest-rate-hikes"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/91348","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=91348"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/91348\/revisions"}],"predecessor-version":[{"id":91349,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/91348\/revisions\/91349"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/90891"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=91348"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=91348"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=91348"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}