The Japanese market is a little better

The Japanese market is a little better

(RTTNews) – Buying and selling in the Japanese stock market rose slightly on Tuesday, extending the previous session’s good points, following broadly settled guidance from European markets and a lack of cues from the Wall Facet overnight. The Nikkei 225 is struggling to approach the 39,000 mark, with good points from some of the index’s heavyweights, auto makers and tech stocks.

The benchmark Nikkei 225 rose 43.49 aspects, or 0.11 percent, to 38,945.99, after earlier hitting a high of 39,238.21. Japanese stocks rose sharply on Monday.

Market heavyweight SoftBank Neighborhood is losing nearly 1 percent, while Uniqlo operator Hasty Retailing is up 0.4 percent. Among car manufacturers, Honda recorded 0.4 percent growth, and Toyota nearly one percent.

Inside the tech home, Advantest is down 0.3 percent, while Screen Holdings and Tokyo Electron are each gaining nearly 1 percent.

In the banking sector, Mitsubishi UFJ Financial and Sumitomo Mitsui Financial are each losing nearly 1 percent, while Mizuho Financial is down 0.5 percent.

Indispensable exporters are in sharp decline. Sony and Mitsubishi Electrical are each losing nearly 1 percent, while Canon and Panasonic are down 0.3 to 0.4 percent.

Among selected dominant gains, Sumitomo Pharma is gaining more than 4 percent, DeNA is advancing nearly 4 percent and Disco is on the sidelines more than 3 percent.

By contrast, Kawasaki Heavy Industries and IHI both shed nearly 3 percent.

Inside the forex market, the US dollar is being bought and sold within an extended range of 155 yen on Tuesday.

On Wall Facet, stock markets were closed Monday for Martin Luther King Jr. Day after closing sharply on Friday.

Meanwhile, the dominant European markets moved higher during the day. Index U.Okay. The FTSE 100 gained 0.18 percent, Germany’s DAX climbed 0.42 percent and France’s CAC 40 rose 0.31 percent.

The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.

Post Comment