Tag: Tokyo stocks

Tokyo’s Nikkei opens up more than 3%

TOKYO, Japan (AFP) — Tokyo stocks opened up more than 3.0 percent on Monday, following European and US markets that roared last week on strong US data and dovish comments from the Federal Reserve. The benchmark Nikkei 225 index added 3.06 percent, or 598.00 points, to 20,159.96 in early trade while the broader Topix index jumped 3.05 percent, or 44.83 points, to 1,515.99. The robust open in Tokyo came as global investors embraced a strong […]

Tokyo’s Nikkei index closes down more than 2% in first trading day of 2019

TOKYO, Japan (AFP) –Tokyo’s key Nikkei index plunged more than two percent on Friday, hit by a surge in the yen and sell-offs on Wall Street amid worries over the US economy. In its first trading session of 2019, the benchmark Nikkei 225 lost 2.26 percent or 452.81 points to close at 19,561.96 as it was catching up with other markets after the New Year’s break. The broader Topix index lost 1.53 percent or 22.93 […]

Tokyo stocks rebound at open

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 stocks open lower ahead of Fed outcome

TOKYO, Japan (AFP) — Tokyo stocks opened lower on Wednesday as investors awaited the outcome of the US central bank policy meeting while the Japanese mobile unit of SoftBank Group flopped on its debut. The benchmark Nikkei 225 index slipped 0.23 percent or 48.63 points to 21,066.82 in early trade, while the broader Topix index was down 0.21 percent or 3.27 points at 1,559.24. “A wait-and-see mood will likely grow ahead of the outcome of […]

Tokyo stocks close lower on profit-taking

TOKYO, Japan (AFP) — Tokyo stocks closed lower on Friday after two days of rallies as investors locked in profits while awaiting fresh global data for clues on growth in major economies. The benchmark Nikkei 225 index dropped 2.02 percent, or 441.36 points, to end at 21,374.83, while the broader Topix index lost 1.51 percent, or 24.49 points, to 1,592.16. “Trade lacks a sense of direction following mixed US stocks indexes and ahead of fresh […]

Tokyo stocks close lower

TOKYO, Japan (AFP) — Tokyo shares closed lower on Tuesday as uncertainty caused by factors including Brexit and trade tensions weighed on the market, wiping out early gains. The benchmark Nikkei 225 index fell 0.34 percent or 71.48 points to 21,148.02 while the broader Topix index was down 0.91 percent or 14.50 points at 1,575.31. Tokyo shares opened higher, rebounding from sharp drops the previous day, with investors apparently relieved that Wall Street eked out […]

Tokyo stocks close lower on trade war fears

TOKYO, Japan (AFP) — Tokyo stocks closed sharply lower on Monday, taking a negative lead from New York where unease over the US-China trade war prompted a fresh sell-off late last week. The benchmark Nikkei 225 index lost 2.12 percent or 459.18 points to end at 21,219.50, while the broader Topix index was down 1.89 percent or 30.64 points at 1,589.81. On Friday, major US stock indices slumped more than two percent to conclude a […]

Tokyo stocks close higher on relief at US Fed report

TOKYO, Japan (AFP) — Tokyo stocks closed higher on Friday on a report that the US Federal Reserve could soon pause interest rate hikes, news that also boosted US markets. The benchmark Nikkei 225 index ended up 0.82 percent, or 177.06 points, at 21,678.68. Over the week, the index lost 3.01 percent. The broader Topix index gained 0.61 percent, or 9.85 points, to close at 1,620.45. Over the week, the index fell 2.82 percent. “Japanese […]

Tokyo stocks close sharply lower on higher yen, profit-taking

TOKYO, Japan (AFP) — Tokyo stocks closed loser on Tuesday, ending a seven-day winning streak, as a higher yen against the dollar weighed on the market and investors sought to lock in profits. The benchmark Nikkei 225 index dropped 2.39 percent, or 538.71 points, to 22,036.05 while the broader Topix index fell 2.36 percent, or 39.85 points, to end at 1,649.20. “The yen is edging higher” against the dollar “on geopolitical risks including violent protests […]

Tokyo stocks rally after US-China G20 trade truce

TOKYO, Japan (AFP) — Tokyo shares opened higher Monday, with other regional bourses following suit, as investors breathed a sigh of relief after the US and China agreed to suspend new tariffs in their escalating trade war. Investors returned to buying after the long-awaited meeting between US President Donald Trump and Chinese President Xi Jinping on the sidelines of weekend G20 talks in Argentina. The leaders of the world’s top two economies agreed not to […]

Tokyo stocks open higher as traders eye US-China talks

TOKYO, Japan (AFP) — Tokyo stocks opened higher Wednesday on gains on Wall Street and a cheaper yen, while investors await US-China summit talks amid speculation about a possible trade deal. The benchmark Nikkei 225 index, which has closed higher for the past three days, added 0.51 percent or 111.66 points to 22,064.06 in early trade while the broader Topix index was up 0.34 percent or 5.60 points at 1,649.76. “The Tokyo market, encouraged by […]

Tokyo stocks close higher for third straight session

TOKYO, Japan (AFP) — Tokyo stocks rose for the third straight session on Tuesday, as investor sentiment improved following rallies on Wall Street with expectations growing for a year-end shopping spree. The benchmark Nikkei 225 index gained 0.64 percent or 140.40 points to close at 21,952.40, while the broader Topix index was up 0.73 percent or 11.96 points at 1,644.16. “The Tokyo market took a positive lead from New York, where stocks rallied with a […]