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Asian markets followed U.S. markets and closed higher

The Nikkei in Tokyo closed at 27,680.26, up 718.58, or +2.67%, after reports that Russia would resume gas exports to Germany. This makes investors feel relieved about the global economy. Dentsu Inc (+6.15%), Fujitsu (+5.11%), and Minebea Mitsumi (+4.91%) were the best performers. The worst performers were IHI Corp.-1.23%, Hitachi Zosen Corp.-0.60%, and Haseko-1.31%. The […]

Asian markets followed U.S. markets and closed higher Read More »

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Most Asian stock markets closed lower following U.S. equity markets

The Nikkei in Tokyo closed at 26,961.68 points, up 173.21 points or +0.65%, after investors expected that the U.S. Federal Reserve (Fed) will not raise interest rates by 1% at its meeting this month. The biggest gainers were Kawasaki Kisen Kaisha+7.35%, Nippon Sheet Glass+5.65%, and Kawasaki Heavy Industries+5.22%. The weakest stocks were Daiichi Sankyo-2.93%, Kansai

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Asian stock markets close volatile amid disappointment over China’s lower-than-expected economic growth in Q2

The Nikkei in Tokyo closed up 145.08 points at 26,788.47, supported by the weaker yen. The best performers were Fast Retailing+8.70%, Hino Motors+3.69%, and Shionogi+3.54%. The worst performers were Concordia Financial Group-3.85%, JGC Corp.-3.59%, and Chiba Bank-3.19%. Australia’s S&P/ASX 200 closed down 0.68% at 6,605.60 points and the All Ordinaries Index closed down 0.74% at

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Most Asian stock markets closed in the red – Concerns over U.S. inflation figures and China’s infection rates in focus

—– Tokyo’s Nikkei closed with gains for three consecutive days as markets were supported by the yen falling to a 24-year low against the US dollar. Leading stocks were Isetan Mitsukoshi Holdings+4.87%, Daiichi Sankyo+4.44%, and Konami Corp.+4.20%. The biggest losers were Yaskawa Electric Corp.-5.61%, Toray Industries, Inc.+5.12%, and Tokyo Electron-1.38%. The Nikkei Index closed at

Most Asian stock markets closed in the red – Concerns over U.S. inflation figures and China’s infection rates in focus Read More »

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Asian stock markets closed higher – Investors eye U.S. non-farm payrolls and events in Japan

—– The Nikkei in Tokyo closed with some positive stocks as it was overshadowed by the shooting of former Prime Minister Shinzo Abe. The leading stocks were Nippon Express+6.52%, Sumitomo Metal Mining+5.20%, and Mitsubishi Heavy Industries+5.05%. The biggest losers were Otsuka Holdings Ltd-2.42%, Subaru Corp-2.23%, and Daiichi Sankyo-2.22%. The Nikkei index closed at 26,517.19, up

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Asian stock markets closed higher on Thursday

—– Tokyo Nikkei closed higher as investors shed their worries after the release of the minutes of the Federal Reserve’s June meeting showed no unexpected rate hikes. The biggest gainers were Aeon+10.97%, Yokohama Rubber+6.10% and Sumitomo Osaka Cement+4.53%. The biggest losers were Takashimaya-2.69%, J.Front Retailing-2.28% and DeNA Co-2.24%. The Nikkei Index closed at 26,490.53, up

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Asian stock markets closed in the red – Europe’s energy crisis and possible lockdowns in China cause concern

—— The Nikkei in Tokyo closed lower as the number of people infected with COVID increases. The biggest losers were Inpex Corp.-10.05%, Chiyoda Corp.-8.62%, and Fukuoka Financial Group, Inc.-7.87%. The big gainers were Eisai+5.87%, Sumitomo Osaka Cement+3.17%, and Ajinomoto Co., Inc.+2.75%. The Nikkei index closed at 26,107.65, down 315.82, or -1.2%. —– The Australian S&P/ASX

Asian stock markets closed in the red – Europe’s energy crisis and possible lockdowns in China cause concern Read More »