The Tokyo Nikkei closed higher at 28,195.58, up 316.62 or +1.14% as investors bought up cheap stocks. The winners were NEC Corp+5.97%, Mitsubishi Heavy Industries+5.24%, and Sumitomo Osaka Cement+4.44%. The losers were Credit Saison-1.02%, Hino Motors-0.95% and Tokyo Motors-0.95%, and Tokyo Tatemno-0.84%. In Australia, the S&P/ASX 200 closed at 6,998.30, up 32.80 or +0.47%, and …
Tokyo’s Nikkei closed down 762.42 points, or -2.66%, at a three-week low of 27,878.96 points, slipping from the psychological 28,000 mark after the Federal Reserve signaled it would continue to raise interest rates to keep inflation low. The losers were Tokyo Electric Power Co. Inc. down -by 5.22%, Omron Cor-5.18%, and Dentsu Inc.-5.10%. The winners …
Most Asian stock markets closed negative as investors worry about interest rate hikes Read More »
The Dow fell more than 3% on Friday (Aug. 26) after Federal Reserve Chairman Jerome Powell signaled that the Fed would continue to raise interest rates to curb inflation. The Dow Jones Industrial Average closed at 32,283.40, down 1,008.38, or -3.03%. The S&P 500 closed at 4,057.66, down 141.46, or -3.37%. The Nasdaq closed at …
Tokyo Nikkei closed at 28,641.38, up 162.37 or +0.57%. Investors were waiting for Federal Reserve Chairman Jerome Powell’s speech in Jackson Hole. The winners were Unitika+4.44%, Mitsui Chemicals, Inc.+3.07%. and Komatsu+2.95%. The losers were Asahi Group Holdings-2.68%, Recruit Holdings-1.94%, and Japan Steel Works-1.72%. In Australia, the S&P/ASX 200 closed at 7,104.10, up 56 points or …
Tokyo Nikkei closed at 28,479.01 points, up 165.54 points or +0.58%, after the Japanese government announced the construction of a new nuclear power plant. The winners were Japan Steel Works (+6.14%), Unitka (+5.08%), and Daiichi Sankyo (+4.60%). The losers were Toho Zinc-2.77%, Tokyo Gas-2.56%, and Dai Nippon Printing-2.45%. In Australia, the S&P/ASX 200 closed at …
Asian stock markets closed positive as investors look ahead to the Jackson Hole meeting Read More »
Tokyo’s Nikkei closed at 28,313.47, down 139.28, or -0.49%, to its lowest level in two weeks after the U.S. released weak economic data. The worst performers were Konami Corp -2.82%, Marui Group-2.28%, and Tokyo Electron-2.18%. The best performers were Tokyo Electric Power Co, Inc +9.96%, Mitsubishi Heavy Industries +16.85%, and Toho Zinc +6.08%. In Australia, …
Most Asian stock markets closed in the red as investors are concerned about a recession Read More »
The Tokyo Nikkei closed down 341.75, or -1.19%, at 28,452.75 as investors sold their shares of the automaker following reports that Toyota truck maker Hino had falsified information. The worst performers were shares of Hino Motors (-6.36%), Sony (-3.31%), and Denso Corp (-2.99%). The best performers were J.Front Retailing+4.56%, Isetan Mitsukoshi Holdings+4.47%, and Takashimaya+3.35%. In …
The Nikkei in Tokyo closed at 28,794.50 points, down 135.83 points or -0.47%. The losers were Hino Motors-3.53%, CyberAgent Inc-3.21%, and Nippon Sheet Glass-2.76%. The winners were Inpex Corp +3.01%, JGC Corp+2.96%, and Daiichi Sankyo+2.75%. In Australia, the S&P/ASX 200 closed at 7,046.90, down 67.60 or -0.95%, and the All Ordinaries closed at 7,287.20, down …
Asian stock markets closed mixed at the start of the week Read More »
The Dow closes lower on fears that the U.S. Federal Reserve (Fed) may raise interest rates for a third time by 0.75% at its monetary policy meeting in September. This could plunge the U.S. economy into recession. The Dow Jones Industrial Average closed at 33,706.74, down 292.30, or -0.86%. The S&P 500 closed at 4,228.48, …
Tokyo’s Nikkei closed down 11.81, or -0.04%, at 28,930.33 points, after the Nikkei’s brief rally above 29,000 overshadowed buying momentum from export and technology companies. The losers are Trend Micro Inc.-3%, Daiichi Sankyo-2.91% and Nippon Sheet Glass-2.69%. The winners are Fujikura+6.60%, Pacific Metals+3.64% and JGC Corp.+3.52%. In Australia, the S&P/ASX 200 closed at 7,114.50, up …
Asian stock markets closed mixed as investors are concerned about an economic slowdown Read More »