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 from recent weakness.
The benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, rose 220.38 points, or 0.43 percent, to finish at 51,063.31.
After a period of adjustment earlier this month, investors turned optimistic toward companies reporting strong results late in the earnings season.
A weaker yen also buoyed export-oriented issues. In foreign exchange trading, the yen briefly fell to the upper 154 range against the U.S. dollar, its weakest level since February.
The broader Topix index rose for a third straight session, climbing 37.75 points, or 1.14 percent, to 3,359.33, its highest closing level since Oct. 31.
On the Tokyo Prime Market, advancers numbered 1,259, or 78 percent of the total, while 316 declined and 37 were unchanged.
Source : CTX
Japanese stocks closed slightly lower on Thursday, as trading resumed after a holiday. Investors remained cautious after a senior Japanese currency official emphasized that the government remains vigi...
Japanese stocks have hit record highs again in recent days, driven by political optimism following Prime Minister Sanae Takaichi's landslide victory and expectations of a more aggressive economic agen...
The Nikkei closed at another record high, continuing its rally after hitting an all time high in the previous session. This increase was driven by market optimism regarding the policy direction of Jap...
Japanese stocks rose sharply in Tokyo after Prime Minister Sanae Takaichi's victory in Sunday's election fueled expectations of increased government spending. This optimism immediately lifted the Nikk...
Japanese stocks closed the week in the green after a Reuters survey signaled the Japanese economy is likely to return to growth in the fourth quarter of 2025. This optimism is supported by solid corpo...
Oil prices stabilized on Thursday (February 12th), as the market reassigned a risk premium to US-Iran tensions despite US inventory data showing swelling domestic supplies. This movement confirms one thing: geopolitical headlines are still more...
Gold prices weakened slightly on Thursday (February 12th), as more solid US employment data reduced market confidence in an imminent Federal Reserve interest rate cut. The strong employment data prompted market participants to shift expectations of...
The Hang Seng Index reversed its downward trend in Hong Kong on Thursday (February 12th), weakening by around 0.9% to around 27,000 after a strong session earlier. This decline halted the momentum of the short term rally, as investors began to...