Japanese stocks closed Tuesday with mixed results due to profit-taking after a strong rally fueled by stimulus hopes under Sanae Takaichi. The Topix edged up 0.1% to 3,227.91, while the Nikkei was nearly flat at 47,950.88. Of the 1,672 Topix constituents, 803 rose, 796 fell, and 73 were unchanged. According to Anna Wu (VanEck), the market is "just taking a breather" after yesterday's 4.8% surge—a common pattern following event-driven moves.
The yen's weakness—holding above 150 per dollar—has provided a boost to exporters, particularly automotive companies. Toyota rose 1.7% and was the largest contributor to the Topix's rise. Hiroshi Namioka (T&D Asset Management) said the weak yen creates a conducive environment for exporters previously pressured by tariffs and price pressures.
AI-themed sectors like Advantest and Fujikura remained solid, boosted by positive sentiment after AMD surged 24% on its AI infrastructure deal with OpenAI. However, some of yesterday's big winners—electronics and software—were actually weighing on the index; NEC fell 2.9%. Tomoaki Kawasaki (Iwai Cosmo) sees this as pure profit-taking; he expects IT stocks to recover as they are central to Takaichi's domestic spending plans once prices stabilize. (az)
Source: Newsmaker.id
The Nikkei 225 closed today with a slight increase of +0.26% to 49,512.28. Fundamentally, the Japanese market is in a tug-of-war between positive domestic sentiment and interest rate concerns. On the ...
The Nikkei 225 index weakened slightly by 0.1% to 49,336.22 after losing early gains. This decline followed declines in most US stock markets in the previous session, prompting Japanese investors to r...
The Nikkei 225 index closed down 1.2% to 49,544.21 on Tuesday, dragged down by a defensive market mood ahead of tonight's US economic data release. Market participants tended to reduce risk, making se...
Japan's Nikkei stock index opened 1.1% lower at 49,624.20 in early trading, following Wall Street's sharp decline overnight. Market participants remained cautious due to the busy data schedule and eco...
The Nikkei 225 index closed down around 1.3% at around 50,100 on Monday (December 15th), dragged down by negative sentiment from Wall Street, which just recorded its worst daily decline in three weeks...
Gold prices strengthened as we entered the European session today, Wednesday (December 17th), holding around $4,320 per ounce and remaining close to October's record high of $4,381. This strengthening occurred after the market returned to seeking...
Oil prices hit session highs as the US is reportedly preparing new sanctions against Russia if Moscow rejects a plan to end the war in Ukraine. Brent crude futures rose 2.4% to above $60 a barrel. Prices had previously risen after President Donald...
The Hang Seng Index rose 233 points, or 0.9%, to close at 25,469 on Wednesday (December 17), ending two consecutive sessions of sharp declines as gains spread across all sectors. The index rebounded from a near four-week low, supported by buying...
New York Federal Reserve President John Williams said on Monday the U.S. central bank's interest rate cut last week leaves it in a good position to...
Stocks rose Monday led by a broad array of names as traders bet data set for release this week will point to tame inflation and strong economic...
Asian markets opened lower in the last full trading week of 2025, fueled by concerns about the prospects for tech company profits and growing AI...
Pasangan mata uang EUR/USD mengawali pekan ini dengan nada sedikit melemah di sesi Asia, diperdagangkan di sekitar 1,1730, turun kurang dari 0,10%...