nikkei average
Tokyo stocks rebound on Wall Street rise
Tokyo stocks turned up Monday, getting a boost from a continued rally on Wall Street last week. The 225-issue Nikkei average of the Tokyo Stock Exchange rose 213.07 points, or 0.74%, to close at 29,161.80, The Topix index of all first section issues ended 5.73 points, or 0.29%, higher at 1,959.75, snapping its three-day losing streak. The Tokyo market got off to a strong start, after all three U.S. market gauges including the Dow Jones Industrial Average extended their gains Friday thanks to data showing improvement in consumer confidence in the United States in June. Although selling to lock in gains from the initial market spurt gathered steam in the morning, stocks gradually extended gains in the afternoon in pace with Dow futures in off-hours trading. Trading was generally lackluster with many players taking to the sidelines ahead of the U.S. Federal Reserve's two-day Federal Open Market Committee meeting from Tuesday, brokers said.
- Asia > Japan > Honshū > Kantō > Tokyo Metropolis Prefecture > Tokyo (1.00)
- North America > United States > New York > New York County > New York City (0.62)
- Asia > Japan > Honshū > Kantō > Kanagawa Prefecture > Yokohama (0.06)
- Asia > Japan > Honshū > Kansai > Osaka Prefecture > Osaka (0.06)
- Banking & Finance > Trading (1.00)
- Government > Regional Government > North America Government > United States Government (0.58)
Tokyo stocks rise on earnings reports
Tokyo stocks gained Wednesday, led by issues of companies that released their earnings reports the day before. The 225-issue Nikkei average climbed 62.08 points, or 0.21%, to end at 29,053.97, after shedding 134.34 points Tuesday. The Topix index of all first section issues advanced 5.51 points, or 0.29%, to finish at 1,909.06, following a 14.60-point drop the previous day. The Tokyo market began on a weak note as players took to position-squaring selling ahead of the Golden Week holiday period, starting Thursday. Stocks headed north later in the morning thanks to buying of firms which released their earnings results and forecasts Tuesday such as industrial robot-maker Fanuc and electronics maker Fuji Electric.
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Tokyo stocks fall back on stronger yen, overseas market drops
Tokyo stocks took a downturn Thursday on the back of the yen's appreciation and overseas market falls. The 225-issue Nikkei average of the Tokyo Stock Exchange shed 156.16 points, or 0.67 percent, to close at 23,319.37, after rising 20.64 points Wednesday. The Topix index of all first section issues closed down 5.95 points, or 0.36 percent, at 1,638.40, following a 3.51-point rise the previous day. The market got off to a weaker start and plunged deeper in the morning, with sentiment chilled by the yen's strengthening against the dollar and a drop in the U.S. Dow Jones Industrial Average futures in off-hours trading, brokers said. Bearish performances of Chinese and other Asian shares also weighed on Tokyo stocks throughout the afternoon session, they added.
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- Asia > Japan > Honshū > Kansai > Osaka Prefecture > Osaka (0.06)
Nikkei posts sharp 521-point rebound after Wall Street surge
Tokyo stocks turned sharply higher Monday as sentiment improved thanks to continued advances on Wall Street. The Nikkei average of 225 selected issues on the first section of the Tokyo Stock Exchange soared 521.22 points, or 2.71 percent, to end at 19,783.22, The Topix index of all first-section issues closed up 25.96 points, or 1.83 percent, at 1,447.25. It lost 4.69 points the previous trading day. From the outset, market participants rushed to buy so-called cyclical stocks vulnerable to economic conditions, particularly technology issues such as industrial robot producer Fanuc and chip-testing device manufacturer Advantest.
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Tokyo stocks fall further on refueled trade war concern
Tokyo stocks sank deeper Wednesday on rekindled anxiety about a prolonged U.S.-China trade war. The 225-issue Nikkei average dived 244.58 points, or 1.05 percent, to end at 23,135.23, after falling 149.69 points Tuesday. The Topix index of all TSE first section issues finished down 3.46 points, or 0.20 percent, at 1,703.27, following a 7.76-point drop the previous day. The Tokyo market went south from the outset after U.S. President Donald Trump told reporters Tuesday that he thinks it better to wait until the 2020 presidential election to conclude a preliminary trade deal with China. Although stocks showed some resilience later in the morning, the yen's appreciation against the dollar also helped kept the Nikkei and Topix indexes in negative territory throughout the Wednesday session, brokers said.
- Asia > Japan > Honshū > Kantō > Tokyo Metropolis Prefecture > Tokyo (0.87)
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- Asia > China (0.53)
- Asia > Japan > Honshū > Kansai > Osaka Prefecture > Osaka (0.06)
- Government > Foreign Policy (0.96)
- Government > Commerce (0.96)
- Government > Regional Government > North America Government > United States Government (0.58)
Chip sector leads Tokyo stocks in modest climb
The popularity of the semiconductor sector helped Tokyo stocks extend their gains on Friday. The 225-issue Nikkei average rose 49.21 points, or 0.22 percent, to end at 22,799.81, The key market gauge grew 125.22 points Thursday. The Topix index of all issues listed on the first section of the Tokyo Stock Exchange finished up 4.70 points, or 0.29 percent, at 1,648.44, after gaining 5.60 points the previous day. Stocks got off to a higher start led by chip-related issues after U.S. semiconductor giant Intel Corp. showed upbeat earnings estimates on Thursday, brokers said.
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- Asia > China > Shanghai > Shanghai (0.07)
- Information Technology > Hardware (0.59)
- Banking & Finance > Trading (0.39)
- Health & Medicine > Pharmaceuticals & Biotechnology (0.37)
Tokyo stocks extend gains on U.S.-Mexico trade deal
Stocks gained further ground, albeit slightly, on the Tokyo Stock Exchange on Tuesday, after a new U.S.-Mexico trade deal eased investor concerns over global trade friction. The 225-issue Nikkei average edged up 13.83 points, or 0.06 percent, to end at 22,813.47 after briefly rising above the 23,000 mark for the first time in two and a half months. The key market yardstick extended its winning streak to a sixth session, after adding 197.87 points on Monday. The Topix index of all first-section issues closed up 2.68 points, or 0.16 percent, at 1,731.63. It advanced 19.75 points the previous day.
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- Asia > Japan > Honshū > Kantō > Tokyo Metropolis Prefecture > Tokyo (0.62)
- North America > United States (0.54)
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Nikkei falls back on selling of mainstay issues
The benchmark Nikkei average dropped on the Tokyo Stock Exchange on Thursday, dragged down by the weakness of heavily weighted component issues. The 225-issue Nikkei average lost 27.38 points, or 0.12 percent, to end at 22,586.87, after rising 103.77 points Wednesday. But the Topix index of all first-section issues added 12.30 points, or 0.7 percent, to 1,765.78, Declines in drugmaker Eisai Co., mobile phone carrier Softbank Group Corp., clothing retailer Fast Retailing Co. and industrial robot manufacturer Fanuc Corp. pushed down the Nikkei by over 100 points. But investor sentiment improved in the Tokyo market, with concerns over U.S.-Europe trade friction easing to some extent following reports of some positive results from the summit between U.S. President Donald Trump and European Commission President Jean-Claude Juncker on Wednesday, brokers said.
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- Asia > Japan > Honshū > Kantō > Tokyo Metropolis Prefecture > Tokyo (0.53)
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Nikkei suffers biggest loss since Trump's election
Stocks sank deeper into negative territory on the Tokyo Stock Exchange Wednesday, with investor sentiment hurt by an overnight sell-off on Wall Street and the yen's sharp appreciation against the dollar. The 225-issue Nikkei average tumbled 414.50 The key price indicator suffered the biggest closing loss since Donald Trump's victory in the U.S. presidential election in November last year. On Tuesday, the Nikkei average shed 65.71 points. The Topix index of all first-section issues closed down 33.22 points, or 2.12 percent, at 1,530.20, after losing 2.43 points the previous day.
- Asia > Japan > Honshū > Kantō > Tokyo Metropolis Prefecture > Tokyo (0.30)
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- Asia > Japan > Honshū > Kansai > Osaka Prefecture > Osaka (0.06)
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Tokyo stocks retreat further on yen's rise
Stocks lost further ground on the Tokyo Stock Exchange on Tuesday, weighed down by the yen's ascent. The 225-issue Nikkei average fell 65.71 points, or 0.34 percent, to close at 19,455.88. On Friday, the key market gauge gave up 68.55 points. The Tokyo market was closed on Monday for a national holiday. The Topix index of all first-section issues ended down 2.43 points, or 0.16 percent, at 1,563.42, after shedding 6.84 points on Friday.
- Asia > Japan > Honshū > Kantō > Tokyo Metropolis Prefecture > Tokyo (0.84)
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