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Japan's Nikkei falls on geopolitical worries as Israel attacks Iran
Japan's Nikkei falls on geopolitical worries as Israel attacks Iran

Time of India

time13-06-2025

  • Business
  • Time of India

Japan's Nikkei falls on geopolitical worries as Israel attacks Iran

Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Japan's Nikkei share average fell on Friday as investors sold riskier assets after Israel launched widescale strikes against Iran, stoking worries about geopolitical Nikkei fell 0.89% to close at 37,834.25, mirroring moves in U.S. stock futures, but posted a 1.14% gain for the broader Topix fell 0.95% to 2,756.47 and gained 0.5% for the week."The market was selling stocks on caution for geopolitical risks, but the news was not driving a fire sale because investors still wanted to monitor the development of the attacks," said Naoki Fujiwara, a senior fund manager at Shinkin Asset launched strikes against Iran on Friday, saying it targeted nuclear facilities, ballistic missile factories and military commanders, and that this was the start of a prolonged operation to prevent Tehran from building an atomic equipment maker Tokyo Electron fell 4.8%, dragging the Nikkei the most. Uniqlo-brand owner Fast Retailing lost 1.61%.Exporters fell as the yen strengthened, with Toyota Motor and Nissan Motor falling 2.35% and 1.26%, sectors rose as oil prices jumped. Oil explorers jumped 2.77% to become the top performer among the Tokyo Stock Exchange's 33 industry refiners gained 1.61% and the utility sector gained 1.17%.Defense-related shares also rose, with Mitsubishi Heavy Industries and IHI rising 2%, more than 1,600 stocks trading on the TSE's prime market, 17% rose and 79% fell, with 2% trading flat.

Japan's Nikkei falls on geopolitical worries as Israel attacks Iran
Japan's Nikkei falls on geopolitical worries as Israel attacks Iran

Economic Times

time13-06-2025

  • Business
  • Economic Times

Japan's Nikkei falls on geopolitical worries as Israel attacks Iran

Japan's Nikkei share average fell on Friday as investors sold riskier assets after Israel launched widescale strikes against Iran, stoking worries about geopolitical risks. ADVERTISEMENT The Nikkei fell 0.89% to close at 37,834.25, mirroring moves in U.S. stock futures, but posted a 1.14% gain for the week. The broader Topix fell 0.95% to 2,756.47 and gained 0.5% for the week. "The market was selling stocks on caution for geopolitical risks, but the news was not driving a fire sale because investors still wanted to monitor the development of the attacks," said Naoki Fujiwara, a senior fund manager at Shinkin Asset Management. Israel launched strikes against Iran on Friday, saying it targeted nuclear facilities, ballistic missile factories and military commanders, and that this was the start of a prolonged operation to prevent Tehran from building an atomic weapon. Chip-making equipment maker Tokyo Electron fell 4.8%, dragging the Nikkei the most. Uniqlo-brand owner Fast Retailing lost 1.61%. ADVERTISEMENT Exporters fell as the yen strengthened, with Toyota Motor and Nissan Motor falling 2.35% and 1.26%, respectively. Energy sectors rose as oil prices jumped. Oil explorers jumped 2.77% to become the top performer among the Tokyo Stock Exchange's 33 industry sub-indexes. ADVERTISEMENT Oil refiners gained 1.61% and the utility sector gained 1.17%. Defense-related shares also rose, with Mitsubishi Heavy Industries and IHI rising 2%, respectively. ADVERTISEMENT Of more than 1,600 stocks trading on the TSE's prime market, 17% rose and 79% fell, with 2% trading flat. (You can now subscribe to our ETMarkets WhatsApp channel)

Japan's Nikkei falls on geopolitical concerns after Israel attacks Iran
Japan's Nikkei falls on geopolitical concerns after Israel attacks Iran

Business Recorder

time13-06-2025

  • Business
  • Business Recorder

Japan's Nikkei falls on geopolitical concerns after Israel attacks Iran

TOKYO: Japan's Nikkei share average fell on Friday, mirroring moves in US stock futures, oil and other stock markets on news that Israel had conducted a military strike on Iran. As of 0106 GMT, the Nikkei was down 1.5% at 37,584.47. The broader Topix fell 1.28% to 2,7473.9. 'The market was selling stocks on caution for geopolitical risks, but the news was not driving a fire sale because investors still wanted to monitor the development of the attacks,' said Naoki Fujiwara, a senior fund manager at Shinkin Asset Management. Israel has begun carrying out strikes on Iran, two US officials said on Thursday, adding that there was no US assistance or involvement in the operation. Chip-making equipment maker Tokyo Electron fell 5.5% to drag the Nikkei the most. Uniqlo-brand owner Fast Retailing lost 2.1%. Japan's Nikkei falls as US stock futures decline, firmer yen weighs Exporters fell as the yen strengthened, with Toyota Motor and Nissan Motor falling 2.75% and 1.5%, respectively. All but three of the Tokyo Stock Exchange's 33 industry sub-indexes fell. Energy sectors rose as oil prices jumped, with oil explorers and refiners gaining 3.6% and 2.2%, respectively. The utility sector rose 0.7%.

Japan's Nikkei falls on geopolitical concerns after Israel attacks Iran
Japan's Nikkei falls on geopolitical concerns after Israel attacks Iran

New Straits Times

time13-06-2025

  • Business
  • New Straits Times

Japan's Nikkei falls on geopolitical concerns after Israel attacks Iran

TOKYO: Japan's Nikkei share average fell on Friday, mirroring moves in US stock futures, oil and other stock markets on news that Israel had conducted a military strike on Iran. As of 0106 GMT, the Nikkei was down 1.5 per centat 37,584.47. The broader Topix fell 1.28 per cent to 2,7473.9. "The market was selling stocks on caution for geopolitical risks, but the news was not driving a fire sale because investors still wanted to monitor the development of the attacks," said Naoki Fujiwara, a senior fund manager at Shinkin Asset Management. Israel has begun carrying out strikes on Iran, two US officials said on Thursday, adding that there was no US assistance or involvement in the operation. Chip-making equipment maker Tokyo Electron fell 5.5 per cent to drag the Nikkei the most. Uniqlo-brand owner Fast Retailing lost 2.1 per cent. Exporters fell as the yen strengthened, with Toyota Motor and Nissan Motor falling 2.75 per cent and 1.5 per cent, respectively. All but three of the Tokyo Stock Exchange's 33 industry sub-indexes fell. Energy sectors rose as oil prices jumped, with oil explorers and refiners gaining 3.6 per cent and 2.2 per cent, respectively. The utility sector rose 0.7 per cent.

Japan's Nikkei Falls on Geopolitical Concerns after Israel Attacks Iran
Japan's Nikkei Falls on Geopolitical Concerns after Israel Attacks Iran

Yomiuri Shimbun

time13-06-2025

  • Business
  • Yomiuri Shimbun

Japan's Nikkei Falls on Geopolitical Concerns after Israel Attacks Iran

Yomiuri Shimbun file photo Tokyo Stock Exchange TOKYO (Reuters) — Japan's Nikkei share average fell on Friday, mirroring moves in U.S. stock futures, oil and other stock markets on news that Israel had conducted a military strike on Iran. As of 0106 GMT, the Nikkei was down 1.5% at 37,584.47. The broader Topix fell 1.28% to 2,7473.9. The market was selling stocks on caution for geopolitical risks, but the news was not driving a fire sale because investors still wanted to monitor the development of the attacks, said Naoki Fujiwara, a senior fund manager at Shinkin Asset Management. Israel has begun carrying out strikes on Iran, two U.S. officials said on Thursday, adding that there was no U.S. assistance or involvement in the operation. Chip-making equipment maker Tokyo Electron fell 5.5% to drag the Nikkei the most. Uniqlo-brand owner Fast Retailing lost 2.1%. Exporters fell as the yen strengthened, with Toyota Motor and Nissan Motor falling 2.75% and 1.5%, respectively. All but three of the Tokyo Stock Exchange's 33 industry sub-indexes fell. Energy sectors rose as oil prices jumped, with oil explorers and refiners gaining 3.6% and 2.2%, respectively. The utility sector rose 0.7%.

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