Japanese Stocks Drop as Traders Assess Data

 

PT Rifan Financindo Berjangka - The Nikkei 225 Index fell 0.7% to below 38,100, while the broader Topix Index fell 0.4% to 2,677 on Friday, reversing some of the previous session’s gains.

Investors were reacting to data showing that Tokyo inflation rose above 2% in November, fueling speculation that the Bank of Japan will raise interest rates next month. Markets now price in a 60% chance of a 25 basis point rate hike in December, up from about 50% a week ago.

Meanwhile, the latest data on industrial production, retail sales and employment showed signs of slowing economic activity. Technology stocks led the decline, with significant losses for Disco (-1.6%), Lasertec (-1.2%), Tokyo Electron (-2.6%), Advantest (-0.9%) and SoftBank Group (-0.7%). For the week, the Nikkei and Topix are expected to end lower, down 0.7% and 0.8%, respectively. PT Rifan Financindo Berjangka.

Source: Trading Economics

Nikkei Down 0.4%, Dragged Down by Electronics Shares

PT Rifan Financindo Berjangka - Japanese stocks fell, dragged down by a decline in electronics shares, as concerns about U.S. trade policy persisted. Lasertec dropped 3.4% and Terumo dropped 1.7%. USD/JPY was at 151.46, down from 152.15 at the close of the Tokyo Stock Exchange on Wednesday. Investors were watching the yen and any developments related to the Russia-Ukraine war. The Nikkei Stock Average was down 0.4% at 37,994.69. PT Rifan Financindo Berjangka.

Source: Bloomberg

 

Japanese Shares Fall as Yen Strengthens

 

PT Rifan Financindo Berjangka - The Nikkei 225 Index dropped 0.5% to below 38,300, while the broader Topix Index lost 0.4% to 2,678 on Wednesday, extending losses from the previous session as the yen continued to strengthen amid speculation that the Bank of Japan may raise interest rates again next month. A stronger yen dampens the profit outlook for Japan’s export-driven industries and makes Japanese assets more expensive for foreign investors.

Traders are also awaiting the latest Tokyo inflation data, which is seen as a leading indicator for nationwide price trends. Export-heavy auto and consumer stocks led the decline, with notable losses from Toyota Motor (-3.1%), Honda Motor (-2.4%), Nissan Motor (-4.9%), and Fast Retailing (-0.9%). Major technology stocks also came under pressure, including Advantest (-1.3%) and Tokyo Electron (-1.7%). PT Rifan Financindo Berjangka.

Ssource: Trading Economics

The Nikkei 225 Index Closes 1.75% Higher

 

PT Rifan Financindo Berjangka - The Nikkei 225 Index jumped 1.3% to close at 38,780 while the broader Topix Index gained 0.71% to 2,716 on Monday, with Japanese shares rising for the second straight session after coming under pressure over the past two weeks.

Local shares also mirrored gains in US futures, as President-elect Donald Trump nominated hedge fund manager Scott Bessent for Treasury Secretary, removing a source of uncertainty for markets.

Looking ahead, investors are focused on Tokyo’s inflation figures, due for release this week, as they are seen as a leading indicator of nationwide price trends.

Technology stocks led the rally, with notable gains from Lasertec (+2.3%), Tokyo Electron (+4%), SoftBank Group (+3.4%), Recruit Holdings (+4.4%) and Keyence (1.5%). Strong performances were also seen from Mitsubishi Heavy Industries (+1.2%), Toyota Motor (+1.1%), and Fast Retailing (+3.5%). PT Rifan Financindo Berjangka.

Source: Trading Economics

Japanese Shares Rise for Second Session

 

PT Rifan Financindo Berjangka - The Nikkei 225 jumped 1.5% to above 38,800 while the broader Topix index gained 0.9% to 2,720 on Monday, with Japanese shares rising for a second straight session after suffering losses over the past two weeks. Local shares also mirrored Wall Street’s gains, as strong U.S. economic data and optimism over the election outcome continued to support equities.

Looking ahead, investors are focused on Tokyo’s inflation figures, due later this week, as they are seen as a leading indicator of national price trends. Technology stocks led the rally, with significant gains from Lasertec (+3.2%), Tokyo Electron (+3.4%), SoftBank Group (+3%), Sakura Internet (+1%), and Recruit Holdings (+1.4%). Strong performances were also seen from Mitsubishi Heavy Industries (+1.4%), Toyota Motor (+2%), and Fast Retailing (+1.9%). PT Rifan Financindo Berjangka.

Source: Trading Economic

The Nikkei 225 Index Closes 0.74% Lower

PT Rifan Financindo Berjangka -  The Nikkei 225 Index declined by 0.85% to close at 38,026, while the broader Topix Index lost 0.57% to 2,683 on Thursday, as Japanese shares hit multi-week lows, largely driven by losses in the technology sector.

The drop followed a sharp decline in Nvidia’s stock after-hours, despite the company reporting better-than-expected quarterly results and providing strong forward guidance.

Nvidia's struggles weighed heavily on the broader tech sector, with notable losses from Advantest (-1.6%), Lasertec (-0.8%), SoftBank Group (-1.1%), Tokyo Electron (-0.4%), and Hitachi (-1.7%).

Other key index components also saw declines, including Mitsubishi Heavy Industries (-3.1%), IHI Corp (-3.9%), and Fast Retailing (-2.4%). On the economic front, investors are awaiting Japan's latest inflation data, set to be released on Friday, to assess the outlook for the country’s economy and monetary policy. PT Rifan Financindo Berjangka.

Source: Trading Economics

Japanese Stocks Down 0.08% at Close

 

PT Rifan Financindo Berjangka - Japanese stocks were lower after the close on Wednesday, as losses in the Paper & Pulp, Gas & Water and Transportation sectors led shares lower.

At the close in Tokyo, the Nikkei 225 was down 0.08%.

The best performers of the session on the Nikkei 225 were Tokyo Gas Co., Ltd., which rose 12.96% or 495.00 points to trade at 4,315.00 at the close. Meanwhile, Sompo Holdings Inc. gained 11.42% or 407.00 points to close at 3,971.00 and Seven & i Holdings Co., Ltd. gained 6.52% or 159.00 points to 2,597.00 in late trade.

The worst performers on the session were Tokio Marine Holdings, Inc., which plunged 6.99%, or 423.00 points, to close at 5,631.00. MS&AD Insurance Group Holdings plunged 4.92%, or 182.00 points, to close at 3,518.00 and Keisei Electric Railway Co., Ltd. dropped 3.66%, or 148.00 points, to 3,899.00.

Declining stocks outnumbered gaining stocks on the Tokyo Stock Exchange in 2019 to 1,560, with 257 ending unchanged.

Tokyo Gas Co., Ltd. rose to a five-year high, up 12.96%, or 495.00, to close at 4,315.00. Sompo Holdings Inc. rose to a 52-week high, up 12.96%, or 495.00, to close at 4,315.00. rose 11.42% or 407.00 to 3,971.00. Shares of Seven & i Holdings Co., Ltd. rose to an all-time high; up 6.52% or 159.00 to 2,597.00.

Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, rose 12.49% to 26.12.

Crude oil for January delivery rose 0.22% or 0.15 to $69.39 a barrel. Elsewhere in commodities trading, Brent oil for January delivery rose 0.14% or 0.10 to hit $73.41 a barrel, while the December Gold Futures contract rose 0.01% or 0.30 to trade at $2,631.30 a troy ounce. PT Rifan Financindo Berjangka.

Source: Investing.com