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TOKYO, Japan (AFP) — Tokyo stocks opened higher on Wednesday, rebounding from the previous day’s five percent drop as the yen’s rise took a breather. The benchmark Nikkei 225 index, which on Tuesday closed at a 20-month low on worries over the US economy, gained 1.45 percent or 277.75 points to 19,433.49 in early trade. The broader Topix index was up 1.37 percent or 19.39 points at 1,434.94. Despite the recent market rout, there has […]
TOKYO, Japan (AFP) — Tokyo stocks opened higher Friday, a day after plunging 3.7 percent, with sentiment buoyed by a rally on Wall Street. The benchmark Nikkei 225 index turned up 0.60 percent or 126.75 points, to 21,395.48 in early trade while the broader Topix index was up 0.59 percent or 9.37 points at 1,610.29. Wall Street rebounded strongly on Thursday from the prior session’s rout on fears over slowing corporate earnings growth. Tech shares […]
TOKYO, Japan (AFP) — Tokyo’s Nikkei plunged more than 3.7 percent on Thursday, after a punishing session on Wall Street that saw major US indices wipe out all their 2018 gains. The benchmark Nikkei 225 index gave up 3.72 percent, or 822.45 points to 21,268.73, while the broader Topix index lost 3.10 percent, or 51.15 points, to 1,600.92. It was the worst close for the Nikkei in nearly seven months. The index began the day […]
TOKYO, Japan (AFP) — Tokyo’s benchmark Nikkei index dropped 2.67 percent on Tuesday amid lingering worries over geopolitical risks and ahead of the corporate earnings report season. The Nikkei 225 index dropped 2.67 percent or 604.04 points to end at 22,010.78, while the broader Topix index lost 2.63 percent or 44.59 points to 1,650.72. “Geopolitical risks linked to the EU and the Middle East dragged down share prices, extending falls on New York’s Dow,” Okasan […]
TOKYO, Japan (AFP)–Tokyo’s benchmark Nikkei 225 index closed lower on Wednesday as high tech shares dropped sharply tracking falls on Wall Street. The Nikkei ended down 0.31 percent or 68.50 points at 21,717.04 yen while the broader Topix index edged up 0.03 percent or 0.45 points to close at 1,693.25. Analysts said tech shares suffered partly due to news that a Chinese court temporarily banned US firm Micron Technology from selling its products. Investors were […]
TOKYO, Japan (AFP) — Tokyo stocks opened lower on Thursday after Wall Street fell for the first time in 2018 the previous day, while a strong yen weighed on sentiment. The benchmark Nikkei 225 index fell 0.58 percent or 137.89 points to 23,650.31 in early trade while the broader Topix index opened down 0.49 percent or 9.18 points at 1,882.93. “Investors are cashing in on the recent gains after watching a decline on Wall Street,” […]
TOKYO, Japan (AFP) — Tokyo’s benchmark stock index fell to its lowest level in almost four months Monday on concerns about Donald Trump’s stalled economic agenda and as South Korea and the US kicked off annual war games that anger Pyongyang. Investors are fretting over the outlook for Trump’s plans on tax reform and other market-friendly measures, as his support from corporate America evaporated following a heavily criticized response to a white supremacist rally. “Uncertainty […]
TOKYO, Japan (AFP) — Tokyo stocks ended Tuesday morning in negative territory as a strong yen hit exporters and banks following a three-day weekend in Japan. The benchmark Nikkei 225 index fell 0.63 percent, or 127.00 points, to 19,991.86 by the break, falling below the key 20,000 level, while the Topix index of all first-section issues was down 0.56 percent, or 9.14 points, to stand at 1,616.34. © Agence France-Presse
TOKYO, Japan (AFP) — Tokyo stocks opened higher on Tuesday as investors bet on strengthening chances of Hillary Clinton winning the US presidential election. “We’ve been swung this way and that over who may win, but expectations of a Clinton victory are firming,” said Toshihiko Matsuno, a senior strategist at SMBC Friend Securities Co. “Since it’s easier to predict policy with her, there’s more of a sense of security in the market. “Stocks may price […]
TOKYO, Japan (AFP) — Tokyo’s benchmark stock index headed for its first loss Tuesday after six straight gains, with exporters hit by a stronger yen. Since diving almost eight percent on June 24 in reaction to Britain’s decision to leave the European Union, the Nikkei 225 has rallied on hopes the Bank of Japan will boost its stimulus programme. “Japanese shares declining after a series of gains isn’t strange,” Takuya Takahashi, a Tokyo-based senior strategist […]
Asian stocks held near four-year lows and crude oil prices approached a 20 percent drop in less than two weeks as investors worried over the extent of China’s economic slowdown and its impact on emerging markets. MSCI’s broadest index of Asia-Pacific shares outside Japan edged 0.4 percent higher but still stood near a four-year low touched on Monday, and was still down more than 8 percent since the start of 2016. It fell 12 percent […]
Japanese stocks began 2016 on a lower note on Monday (January 4), playing catch-up to falls in U.S. stocks in the last two sessions during Japan’s market holidays. The Nikkei benchmark started the first trade of the year down 1 percent at 18818.58. The Nikkei gained around 9 percent last year. In May last year, the Nikkei average surpassed 20,000 for the first time in 15 years, and in August the total value of the […]
