Japanese stocks rose boosted by exporters and tech-related sectors as investors awaited the Bank of Japan's policy decision for hints about the central bank's rate path.
The Topix Index rose 0.3% to 2,928.42 as of 9:27 a.m. Tokyo time
The Nikkei advanced 0.4% to 40,799.27
Hitachi Ltd. contributed the most to the Topix Index gain, increasing 1%. Out of 1,682 stocks in the index, 1,207 rose and 398 fell, while 77 were unchanged.
The yen weakened as much as 0.7% overnight versus the dollar which helped lift some export-related shares on Thursday. The currency is close to the key psychological level of 150.
Takashi Ito, Senior Strategist, Nomura Securities, said that with events such as US monetary policy decision now behind us, Japanese stocks are likely to rise on their own momentum following a period of correction.
Source: Bloomberg
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...
The Nikkei 225 Index shed 0.05% to close at 40,655 while the broader Topix Index gained 0.4% to 2,920 on Wednesday, with Japanese shares struggling for clear direction as investors braced for the late...
Japan's Nikkei Stock Average is flat at 40681.72, as gains in electronics and brokerage shares offset declines in auto and pharmaceutical stocks. NEC Corp. is up 6.4% and Daiwa Securities Group is hi...
Japan stocks were lower after the close on Tuesday, as losses in the Paper & Pulp, Transport and Communication sectors led shares lower. At the close in Tokyo, the Nikkei 225 declined 0.77%. The...
The Nikkei 225 fell 0.9% to below 40,700, while the broader Topix Index declined 0.8% to 2,908 on Tuesday, marking a third straight session of losses for Japanese equities. The initial optimism from ...
The Swiss Franc (CHF) steadies against the US Dollar (USD) on Thursday, snapping a six-day losing streak as investors rotate back into the Franc amid renewed safe-haven demand. The cautious tone in markets comes ahead of the looming US tariff...
The EUR/USD pair is posting marginal gains on Thursday, following a sharp sell-off over the last three days. The pair extended its decline on Wednesday following a hawkish message from the Federal Reserve (Fed), and remains on the defensive after...
Gold prices recovered on Thursday after the Federal Reserve (Fed) held rates unchanged, as the August 1 trade deadline imposed by US President Donald Trump looms. The Greenback remains steady on a tranche of good economic data, though the XAU/USD...
European stock markets closed higher in Tuesday trading as the Stoxx Europe 600 was up 0.33%, Germany's DAX climbed 1.03%, the FTSE 100 gained...
US stocks maintained modest gains on Tuesday (July 29) as the market digested a series of earnings reports ahead of key economic developments. The...
The European Union and the U.S. will form a "metals alliance" to counter the impact of subsidised Chinese production on global markets, as part of...
The Dow Jones Industrial Average (DJIA) tested all-new record highs early Monday, clipping into the high side in early trading before the weight of...