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Japanese Stocks Struggle Amid Global Political Uncertainty
Monday, 9 December 2024 08:16 WIB | NIKKEI |IndeksNikkei 225

The Nikkei 225 and Topix indexes showed limited movement on Monday, as global political instability weighed on financial markets. Ongoing political crises in South Korea and France, along with the collapse of Syrian President Bashar al-Assad's regime, contributed to the uncertainty. Domestically, Japan's third-quarter economic growth was revised upward, indicating the country's second consecutive quarter of expansion. Investors are now awaiting business sentiment data later in the week to further assess the health of the economy. Notable declines were seen in index heavyweights such as Mitsubishi Heavy Industries (-1.4%), Advantest (-4.3%), and Tokyo Electron (-1.3%). However, gains were posted by SoftBank Group (2.1%), Rakuten Group (4.4%), and Nintendo (0.8%).

Source: Trading Economics

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