The Nikkei 225 Index climbed 0.87% to close at 44,937 on Thursday, snapping a four-day losing streak and tracking strong gains on Wall Street, with chip-related stocks driving the rebound.
Despite concerns over the US government shutdown, equities were supported by robust capital spending and expectations of further Federal Reserve rate cuts.
Regional sentiment also improved after OpenAI struck a deal with South Korea's Samsung Electronics and SK Hynix to supply memory chips, reinforcing optimism around artificial intelligence.
Among the standouts, chipmaking equipment maker Tokyo Electron surged 7.9%, while testing equipment producer Advantest gained 2.5%. SoftBank Group, with heavy AI exposure, advanced 5.8%. Other strong performers included Disco (11.7%), Lasertec (2.7%) and Sanrio (6.5%).
Source: Trading Economics
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...
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....
Citing worries about inflation and signs of relative stability in the labor market after two U.S. interest rate cuts this year, a growing number of...
US stocks recovered from sharp early losses on Friday (November 14th), but closed flat to lower as investors bought back major technology stocks and...