Tag: Market

Tokyo stocks open higher tracking gains in US

TOKYO, Japan (AFP) — Tokyo stocks opened higher on Monday, as investors were encouraged by gains on Wall Street and brisk corporate results reported recently by Japanese companies. The benchmark Nikkei 225 index edged up 0.35 percent, or 77.97 points, to 22,617.09 in early trade while the broader Topix index was up 0.21 percent, or 3.68 points, at 1,797.76. Japanese shares are being boosted “by the expanding global economy and good earnings reports by companies […]

Asian markets edge up on US growth forecast

HONG KONG, China (AFP) – Asian stocks edged up Thursday on strong US growth forecasts, as traders braced for a series of key economic announcements. The muted start to trading comes ahead of the US House Republicans’ tax announcement and confirmation of President Donald Trump’s pick for the new Federal Reserve chair, as well as an important Bank of England meeting. Investors in Tokyo and Hong Kong built moderately on overnight gains in most world […]

Tokyo stocks open higher tracking gains in US

TOKYO, Japan (AFP) — Tokyo shares opened higher on Wednesday, tracking gains on Wall Street with a weaker yen supporting the market, while Sony was set to rally after forecasting record annual profits. The benchmark Nikkei 225 index edged up 0.57 percent, or 126.46 points, to 22,138.07 in early trade while the broader Topix index was up 0.54 percent, or 9.47 points, at 1,775.43. © Agence France-Presse

Asian markets muted ahead of earnings reports, Fed decision

HONG KONG, China (AFP) — Asian stocks markets were largely flat in early trade on Monday as investors braced for key earnings reports and US President Donald Trump’s announcement of the new Federal Reserve chair. Hong Kong and Tokyo shed early gains after traders — boosted by strong US growth data at the back end of last week — had initially followed Wall Street upward, while the Shanghai exchange was more sharply down. Wall Street […]

Tokyo stocks open higher with eyes on Japan earnings

TOKYO, Japan (AFP) — Tokyo stocks opened higher on Monday on the back of gains on Wall Street and with hundreds of Japanese firms reporting earnings this week, including Nintendo and Sony. The benchmark Nikkei 225 index rose 0.35 percent, or 76.02 points, to 22,084.47 in early trade, while the broader Topix index was little changed, inching up 1.22 points to 1,772.27. “The Japanese market will likely remain solid this week as there is a […]

Tokyo stocks open higher on US tax-cut hopes

TOKYO, Japan (AFP) — Tokyo stocks opened higher on Friday, boosted by exporters and banks as the yen fell against the dollar on hopes for US President Donald Trump’s much-anticipated tax cut. The benchmark Nikkei 225 index rose 0.59 percent, or 129.16, to 21,868.94 in early trade, while the broader Topix index was up 0.44 percent, or 7.69 points, at 1,761.59. “Japanese stocks will test higher prices as investors cheer a rebound in the New […]

Tokyo stocks slightly higher in early trade

TOKYO, Japan (AFP) — Tokyo stocks opened slightly lower Thursday but then moved into the green, supported by some sound corporate earnings and optimistic views on the global economy. The Nikkei 225 gained 0.29 percent, or 62.34 points, to 21,769.96 in early trade, while the broader Topix index edged up 0.12 percent, or 2.17 points, to 1,753.60. “Even though the 16 straight days of rallies of the Nikkei index stopped, there is no big change in the […]

Dow ends at fresh record as markets await ECB

NEW YORK, United States (AFP) — Wall Street roared back into record territory Tuesday following strong earnings from leading industrial companies, while European equities edged higher ahead of a key ECB meeting. The Dow Jones Industrial Average jumped to its sixth record in seven sessions following huge gains by Caterpillar and 3M following strong earnings. The Dow’s 0.7 percent rise came one day after US equities had faltered in a rare pullback from a record-rich […]

Tokyo stocks open higher, extending winning streak

TOKYO, Japan (AFP) — Tokyo stocks opened higher Wednesday, with the benchmark index extending the longest winning streak in its nearly 70-year history as Japan kicked off its latest corporate earnings season. The Nikkei 225 rose 0.37 percent, or 80.78 points, to 21,885.95 in early trade, while the broader Topix index gained 0.34 percent, or 5.99 points, to 1,762.91. © Agence France-Presse

Hong Kong stocks open lower

HONG KONG, China (AFP) — Shares in Hong Kong fell again at the open on Tuesday following a retreat from record highs in New York and in line with a broad sell-off across Asia. The Hang Seng Index slipped 0.26 percent, or 73.26 points, to 28,232.62. The benchmark Shanghai Composite Index inched down 1.49 points to 3,379.21, while the Shenzhen Composite Index, which tracks stocks on China’s second exchange, was 0.30 percent, or 5.99 points, lower at 2,006.06. […]

Tokyo stocks open higher on hopes for corporate results

TOKYO, Japan (AFP) — Tokyo stocks opened higher Tuesday, tracking gains on Wall Street with investors beginning to price in bullish expectations for sound corporate results as earnings season gets underway. The Nikkei 225 index, which has risen for the past 10 consecutive sessions, edged up 0.49 percent, or 104.60 points, to 21,360.16 in early trade. The broader Topix index was also higher by 0.45 percent or 7.75 points, at 1,726.93. The earnings season starting […]

Tokyo stocks up by break after Wall Street gains

TOKYO, Japan (AFP) — Tokyo stocks rose Monday morning, tracking gains on Wall Street as the benchmark Japanese index extended buying sentiment after ending at a fresh two-decade high last week, but scandal-hit Kobe Steel slipped further. The Nikkei 225, which closed at its highest level since November 1996 on Friday, rose 0.63 percent, or 132.94 points, to 21,288.12 by the break, while the broader Topix index was up 0.90 percent, or 15.45 points, at […]