Japan’s Nikkei share average rose on Thursday after a seven-day slide, as Wall Street’s overnight gains and a weaker yen buoyed investor sentiment. The Nikkei index closed 3.4% higher at 36,833.27 in broad-based buying. The broader Topix finished up 2.4% at 2,592.5. The yen softened after hitting its highest against the dollar this year in…
READ MOREJapan’s Nikkei share average fell more than 4% on Wednesday, as chip-related stocks followed AI darling Nvidia lower and soft U.S. manufacturing data reignited fears of a hard landing for the economy. The Nikkei closed 4.24% lower at 37,047.61, marking its lowest close since Aug. 15 and biggest decline since Aug. 5. The broader Topix…
READ MOREJapan’s Nikkei share average rose on Monday to touch the 39,000 level for the first time since late July, helped by a softer yen and Wall Street’s gains at the end of last week. The Nikkei had risen 0.2% to 38,709.88 by the midday break. It hit its highest since July 31 at 39,080.64 earlier…
READ MOREJapan’s Nikkei share average declined on Monday after two straight sessions of gains, as exporters’ stocks, including chip-related and auto firms, were pressured by a stronger yen. The Nikkei fell 0.66% to close at 38,110.22, although recovering from a decline of 1.4% earlier in the session. “In addition to the yen’s strength, there are some…
READ MOREJapan’s Nikkei share average rose in early trade on Friday, with pharma shares rallying for a second session, although gains were limited as tech stocks followed their U.S. peers lower. Japanese exporter-heavy equity markets also got some broad support from a weaker yen versus the dollar. However, the outlook for the currency pair looks murky,…
READ MOREAsian stocks rose on Tuesday, led by Japanese shares on the back of a steady yen, with traders awaiting data including the U.S. inflation report to gauge the Federal Reserve’s policy outlook after volatile moves last week. Oil prices eased in early trading after a 3% jump in the previous session as investors kept an…
READ MOREJapanese stocks rebounded sharply on Tuesday, clawing back most of the double-digit losses suffered the previous day as comments from the U.S. Fed and data gave investors pause in their concerns over recession and equity valuations. The Nikkei’s rally, after the market’s biggest single day rout since the 1987 Black Monday sell-off, came as the…
READ MOREJapan’s equity benchmarks slid almost 20% from record highs reached last month as investor confidence crumbled from the surge in the yen, tighter monetary policy and the deteriorating economic outlook in the US. The Topix and Nikkei 225 Stock Average fell about 5%, with the former set for a three-day decline that would be the…
READ MOREWhat started as a nasty drop in Japanese stocks on Thursday turned into a full-blown rout on Friday as the Topix index posted its biggest two-day decline since the 2011 tsunami. It’s a stark turnaround from the record high set in July, when Japanese equities were being celebrated as one of the world’s best-performing markets….
READ MOREJapan’s Nikkei share average rose on Tuesday, tracking gains in Wall Street, as investors assessed whether an assassination attempt on U.S. presidential candidate Donald Trump increased his chances of winning the November elections. The Nikkei closed 0.2% higher at 41,275.08, and the broader Topix finished up 0.34% at 2,904.5. Japan’s markets were closed on Monday…
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