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
Japanese stocks closed lower on Friday, with the Nikkei 225 index down 1.76% at the end of the session. Selling pressure primarily came from the paper & pulp, transportation, and communications se...
Nikkei Turun 1,7% Akibat Tekanan Logam dan Saham Terkait Chip Japanese stocks are lower in early trade after U.S. technology shares fell sharply overnight. Metals and chip-related stocks are leading ...
Japanese stocks continued their rally on Wednesday (November 13th), boosted by the end of the US government shutdown, which boosted investor risk appetite. Furthermore, a weaker yen fueled expectation...
Japan's Nikkei Stock Average is flat at 51063.78 as gains in financial shares offset losses in tech and energy stocks. Nomura Holdings is up 2.7% and Mitsubishi UFJ Financial Group is 2.0% higher whil...
Tokyo stocks rebounded on Wednesday, with the Nikkei 225 closing higher as overseas investors scooped up shares of companies with solid earnings such as TDK and Fujikura, helping the market recover fr...
US stocks recovered from sharp early losses on Friday (November 14th), but closed flat to lower as investors bought back major technology stocks and reassessed the likelihood of a December interest rate cut. This left the S&P 500 and Nasdaq 100...
Oil prices rose more than 2% on Friday (November 14th) as the Russian port of Novorossiisk halted oil exports following a Ukrainian drone attack on an oil depot in the Russian energy hub, sparking supply concerns. Brent crude futures closed up...
Gold prices fell 3% on Friday (November 14th) due to a broader market sell-off, triggered by hawkish remarks from US Federal Reserve officials, which dimmed hopes of a December interest rate cut. Spot gold prices fell 1.9% to $4,092.72 an ounce,...
Both the STOXX 50 and STOXX 600 reversed early gains and closed down 0.6% and 0.8%, respectively, on Thursday, retreating from new record highs...
Asia-Pacific markets mostly rose Thursday, following mixed trading on Wall Street as investors kept an eye on the U.S. government, which appeared...
European equities extended gains for a fourth consecutive session on Thursday, with both the STOXX 50 and the STOXX 600 rising nearly 0.2% to fresh...
Gauges in Japan, South Korea and Australia all opened weaker, even as an index of the region was poised for its third gain in four weeks....