Tag: Tokyo shares

Tokyo shares open higher on Wall Street gains, higher dollar

Tokyo, Japan (AFP) — Tokyo shares opened higher on Friday after US markets finished at new record highs thanks to bright corporate earnings and a higher dollar that also encouraged investors. The Nikkei 225 index added 0.76 percent or 181.87 points to 24,115.00 in early trade, while the broader Topix index gained 0.49 percent or 8.45 points to 1,737.17. “The Japanese market today should show solid performance, buoyed by the strength of US shares which […]

Tokyo’s Nikkei closes down over 2 percent

TOKYO, Japan (AFP) — Tokyo shares closed lower on Friday, following a global market slide stemming from the lowered European economic outlook as well as receding hopes for smooth progress in US-China trade talks. The benchmark Nikkei 225 index dropped 2.01 percent or 418.11 points to end at 20,333.17. Over the week, it was down 2.19 percent. The broader Topix index lost 1.89 percent or 29.63 points to 1,539.40. Over the week, it was down […]

Asia markets up after strong Wall St lead

HONG KONG, China (AFP) — Shares in Tokyo and Sydney rose Wednesday in another holiday-thinned trading day as investors tracked a positive lead from Wall Street but there was little movement after Donald Trump’s State of the Union address. With most of the region off for the Lunar New Year break there were few catalysts to drive business. Trump’s annual address touched on a number of issues including the China trade war, North Korea, the […]

Tokyo stocks end down ahead of US-China talks, Fed decision

TOKYO, Japan (AFP) — Tokyo shares ended lower Wednesday with investors sitting on their hands as US and Chinese trade negotiators prepared to meet again. The market was also in wait-and-see mode ahead of the US Federal Reserve’s policy decision later Wednesday, meaning major indices spent much of the day in the red. The Nikkei 225 index, which opened briefly in positive territory, ended down 0.52 percent, or 108.10 points, to 20,556.54 while the broader […]

Tokyo shares close slightly higher

TOKYO, Japan (AFP) — Tokyo shares closed marginally higher on Tuesday after being dragged down by worries about the Chinese economy amid trade tensions with the United States. The Nikkei 225 index edged up 0.08 percent, or 15.64 points, to end at 20,664.64 while the broader Topix index was up 0.10 percent, or 1.58 points, at 1,557.09. Wall Street started the week lower on disappointing earnings reports by Caterpillar and tech firm Nvidia that underscored […]

Tokyo shares slip after Wall Street rout

TOKYO, Japan (AFP) — Tokyo shares ended lower Wednesday following a sharp fall in US stocks as fears over weakness in the technology sector spread throughout the wider market. The benchmark Nikkei 225 index dropped 0.35 percent, or 75.58 points, to 21,507.54, while the broader Topix index fell 0.60 percent, or 9.78 points, to 1,615.89. “Global equity futures were flashing red on tech sector concerns,” Stephen Innes, head of trading for Asia Pacific at Oanda, […]

Tokyo shares inch higher after Wall Street gains

TOKYO, Japan (AFP) — Tokyo stocks opened fractionally higher Tuesday following overnight gains on Wall Street, as investors searched for fresh news to move the market. The benchmark Nikkei 225 index rose 0.06 percent, or 14.27 points, to 22,521.59 in early trade while the broader Topix index was up 0.04 percent, or 0.63 points, at 1,733.53. With a dearth of major incentives, players will likely cherry pick selective shares like companies with strong earnings, before […]

Tokyo shares rebound on easing US-N.Korea fears

TOKYO, Japan (AFP) — Tokyo shares rebounded Tuesday morning after four days of losses as fears over a US-North Korea military conflict began to recede. Before the Japanese market opened, North Korean state media reported that leader Kim Jong-Un had been briefed on the plan to fire missiles toward the US Pacific territory of Guam, but hinted he would hold off on the provocative launch. That came after US Defence Secretary Jim Mattis and Secretary […]

Tokyo shares down; Toshiba jumps on chip sale approval

TOKYO, Japan (AFP) — Tokyo shares slipped Thursday, though Toshiba jumped after shareholders agreed to the sale of its memory chip unit to cover huge losses stemming from the company’s troubled nuclear business. Investors had few strong leads with Britain’s formal move to exit the EU on Wednesday already priced into the market, analysts said. Investors are also taking a cautious approach to US President Donald Trump’s economic policies after a humiliating setback on his […]

Tokyo follows Wall Street fall as Toshiba stocks plunge again

HONG KONG, China (AFP) — Tokyo followed Wall Street lower Thursday and oil edged down from recent highs as Toshiba’s stock plunged for the third straight day. The Dow receded after nearing the historic 20,000 benchmark with shares of some banks falling more than one percent after the stock prices had won outsized gains in the rally seen since US election day. Tokyo saw the biggest fall in Asia-Pacific Thursday with Japanese stocks down one […]

Tokyo shares open higher as markets eye G7 summit

TOKYO, Japan (AFP) — Tokyo shares opened sharply higher Thursday, building on the previous day’s gains driven by rising oil prices, with markets eyeing the start of a G7 leaders’ summit in Japan. The benchmark Nikkei 225 index at the Tokyo Stock Exchange rallied 1.02 percent, or 170.34 points, to 16,927.69 in opening deals, while the broader Topix index of all first-section shares climbed 0.96 percent, or 12.85 points, to 1,355.73. © 1994-2016 Agence France-Presse