Nikkei surges in boost to Asia
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By Kevin Buckland TOKYO (Reuters) -Japanese automakers led a surge in the Nikkei share average to a one-year peak on Wednesday, while bonds slid after Tokyo reached a trade deal with Washington, ending a months-long stalemate.
Asian stock markets started Tuesday’s session mostly on the front foot, with Japanese equities notably rising as investors appeared to shrug off a weekend election setback for the country’s ruling coalition.
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On July 22, Japan's stock market experienced significant volatility due to election uncertainties. The Nikkei 225 index rose over 1% but later fell by 0.60%, while the broader TOPIX index also declined by approximately 0.
Japan's benchmark stock index extended its gain to briefly rise above the 40,000 level on Tuesday, the first trading day after Sunday's election.
The Nikkei Stock Average rose to a fresh 34-year high, underpinned by expectations for the Bank of Japan to maintain its super-loose accommodative monetary policy stance and a weaker yen.
Japan’s Nikkei stock index has been on a record-breaking spree, but the country’s ailing economy has experts divided over this sustainability of this rally. Skip to content.
Japan's Nikkei stock index breached 40,000 for the first time Monday, closing at a record-high 40,109.23 after reaching a high of 40,314.64 during trading.
Japan’s Nikkei Stock Average closed 0.9% lower at 27999.96 amid ongoing inflation worries.Main focus was very much on the U.S. CPI report due out Wednesday, said Michael Hewson, chief market ...
Gift Nifty was trading around 25,162 level, a premium of nearly 68 points from the Nifty futures’ previous close, indicating a positive start for the Indian stock market indices.