The Nikkei 225 index rose 0.59% to close at 38,537 while the broader Topix index gained 0.35% to 2,787 on Tuesday, extending gains from the previous session as investors reacted to the Bank of Japan's latest policy decision.
As expected, the central bank kept its policy interest rate steady at 0.5% and signaled a more gradual approach to balance sheet reduction starting next year, reflecting a cautious approach toward withdrawing stimulus. BOJ Governor Kazuo Ueda stressed that policymakers are closely monitoring economic conditions, especially amid changing global trade dynamics, and left room for further rate hikes if needed.
The local market also found support from an overnight rebound on Wall Street, with investors largely shrugging off rising geopolitical tensions in the Middle East. In Tokyo, tech stocks led the rally, with strong performances from Advantest (+2.4%), Disco (+6.3%), Lasertec (+4.0%), Tokyo Electron (+2.9%), and SoftBank Group (+2.1%).(alg)
Source: Trading Economics
Japanese stocks weakened after the close on Monday (August 4th), as weakness in the Paper & Pulp, Transportation, and Communications sectors led to declines. At the close of trading in Tokyo, the...
The Nikkei 225 fell 2% to below 40,000 and the broader Topix index fell 1.8% to 2,895 on Monday (August 4), with both indexes hitting near two-week lows as Japanese stocks followed Wall Street's sharp...
The Nikkei 225 dropped 0.66% to close at 40,800 on Friday, bringing its weekly loss to 1.58%, as tech stocks came under heavy pressure. Tokyo Electron sank 18% after slashing its full-year profit outl...
Japanese stocks are lower in early trade as caution over earnings and domestic politics continue. Chip and bank stocks are leading the declines. Lasertec is down 5.6% and Resona Holdings is 1.6% lowe...
The Nikkei 225 Index rose 1.02% to close at 41,070, while the broader Topix Index gained 0.81% to 2,944 on Thursday, recovering losses from earlier in the week after the Bank of Japan left interest ra...
Oil prices fell to their lowest in a week on Monday after OPEC+ agreed to another large output increase in September, adding to oversupply concerns after U.S. data showed lacklustre fuel demand in the top consuming nation. Brent crude futures fell...
India defended its oil imports from Russia on Monday, calling U.S. and European Union criticism "unjustified and unreasonable" following U.S. President Donald Trump's decision to raise tariffs on the country. "Like any major economy, India will...
European shares closed higher on Monday, rebounding from six-week lows as a surge in banking stocks offset a decline in Swiss shares following a hefty 39% U.S. tariff on Swiss goods. The pan-European STOXX 600 index, rose 0.9%, with most major...
US Stocks plunged on Friday, as investors reacted to a weak July jobs report and a fresh round of tariffs announced by President Trump. The S&P...
European stock markets opened positively this week, with the Euro Stoxx 50 up 0.6% and the broader Stoxx 600 up 0.2%. This rebound follows a sharp...
The European Union will suspend its two packages of countermeasures to U.S. tariffs for six months following a deal with U.S. President Donald...
White House economic advisers on Sunday defended President Donald Trump's firing of the head of the Bureau of Labor Statistics, dismissing criticism...