Latest news with #Nikkei225Index
Time of India
2 days ago
- Business
- Time of India
Japan's Nikkei retreats from 4-month high as US-Iran tensions weigh
As tensions between the United States and Iran escalated, the Nikkei 225 Index experienced a downturn, ending its three-day winning streak. The ongoing conflict between Israel and Iran left investors anxious about U.S. engagement. Trend Micro and Screen Holdings suffered notable losses, while Nippon Steel thrived after its acquisition of U.S. Steel. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Japan's Nikkei share average retreated from a four-month high on Thursday, as escalating tensions between the United States and Iran dampened demand for higher-yielding Nikkei 225 Index closed 1% lower, snapping a three-day winning streak that had pushed the gauge to the highest since February 20. The broader Topix lost 0.6%.The Israel-Iran conflict entered its seventh day, and U.S. President Donald Trump was ambiguous about whether Washington would join in bombardment of Iran's nuclear sites."Heightened tensions in the Middle East continue to cool investor sentiment, with the downside appearing to widen," said Nomura strategist Fumika were 62 advancers in the Nikkei index against 159 decliners. The largest percentage losses in the index were Trend Micro, down 8.4%, followed by Screen Holdings which skidded 4%.Nippon Steel was among the top gainers, rising 2.3% after completing its long-awaited $14.9 billion acquisition of U.S. Steel.
Business Recorder
3 days ago
- Business
- Business Recorder
Japan's Nikkei retreats from 4-month high as threat of US involvement in Iran conflict looms
TOKYO: Japan's Nikkei share average retreated from a four-month high on Thursday as the threat of war between the United States and Iran dampened demand for higher-yielding assets. The Nikkei 225 Index slid 0.8%, snapping a three-day rise that lifted the gauge to the highest since February 20. The broader Topix lost 0.6%. The Israel-Iran conflict entered its seventh day, and President Donald Trump was ambiguous about whether the US would join in bombardment of Iran's nuclear sites. 'Heightened tensions in the Middle East continue to cool investor sentiment, with the downside appearing to widen,' said Nomura strategist Fumika Shimizu. Japan's Nikkei climbs for fourth day on US-China trade framework; Hino plunges There were 48 advancers on the Nikkei against 175 decliners. The biggest losers were Taiyo Yuden, down 3.1%, followed by Sumitomo Pharma, which lost 3%. The largest gainer was Nippon Steel Corp, surging 4.3% after it completed its long-simmering $14.9 billion acquisition of US Steel.
Yomiuri Shimbun
3 days ago
- Business
- Yomiuri Shimbun
Japan's Nikkei Stock Average Retreats from 4-Month High as Threat of US Involvement in Iran Conflict Looms
Yomiuri Shimbun file photo The Tokyo Stock Exchange TOKYO, June 19 (Reuters) – Japan's Nikkei share average retreated from a four-month high on Thursday as the threat of war between the United States and Iran dampened demand for higher-yielding assets. The Nikkei 225 Index .N225 slid 0.8%, snapping a three-day rise that lifted the gauge to the highest since February 20. The broader Topix .TOPX lost 0.6%. The Israel-Iran conflict entered its seventh day, and President Donald Trump was ambiguous about whether the U.S. would join in bombardment of Iran's nuclear sites. 'Heightened tensions in the Middle East continue to cool investor sentiment, with the downside appearing to widen,' said Nomura strategist Fumika Shimizu. There were 48 advancers on the Nikkei against 175 decliners. The biggest losers were Taiyo Yuden 6976.T, down 3.1%, followed by Sumitomo Pharma 4506.T, which lost 3%. The largest gainer was Nippon Steel Corp 5401.T, surging 4.3% after it completed its long-simmering $14.9 billion acquisition of U.S. Steel X.N.
Business Recorder
12-06-2025
- Automotive
- Business Recorder
Nikkei climbs for fourth day on US-China trade talks
TOKYO: Japan's Nikkei share gauge climbed for a fourth straight session on Wednesday after a tentative trade truce between the US and China supported demand for higher-yielding assets. The Nikkei 225 Index gained 0.6% and logged its longest winning streak in about a month. Year-to-date, it is down 4.2%. The broader Topix gauge rose about 0.1%. Chip-sector heavyweights Sumco and Tokyo Electron surged 11% and 4.8%, respectively, on optimism that a US-China agreement will lead to the lifting of Chinese export curbs on rare earth minerals critical to high-tech sectors. Sumco was the biggest gainer on the Nikkei, followed by Socionext, which gained 6.3%. Mazda Motor climbed 1.2% as the yen weakened, boosting exporters' shares. The biggest loser on the Nikkei was Hino Motors, which slid 18% to log its steepest daily percentage decline since October 2023.
Time of India
11-06-2025
- Automotive
- Time of India
Japan's Nikkei climbs for fourth day on US-China trade truce hopes
Japan's Nikkei share gauge climbed for a fourth straight session on Wednesday after a tentative trade truce between the U.S. and China supported demand for higher-yielding assets. The Nikkei 225 Index gained 0.6% and logged its longest winning streak in about a month. Year-to-date, it is down 4.2%. The broader Topix gauge rose about 0.1%. Chip-sector heavyweights Sumco and Tokyo Electron surged 11% and 4.8%, respectively, on optimism that a U.S.-China agreement will lead to the lifting of Chinese export curbs on rare earth minerals critical to high-tech sectors. Sumco was the biggest gainer on the Nikkei, followed by Socionext, which gained 6.3%. Mazda Motor climbed 1.2% as the yen weakened, boosting exporters' shares. Live Events The biggest loser on the Nikkei was Hino Motors, which slid 18% to log its steepest daily percentage decline since October 2023. The truckmaking unit of Toyota Motor said on Tuesday it would issue new shares as part of a merger agreement with Mitsubishi Fuso. U.S. President Donald Trump's on-again, off-again tariff spats have largely been factored into global equity prices, but Japanese stocks have yet to recover to highs seen around the beginning of the year, said Tatsunori Kawai, chief strategist at Mitsubishi UFJ eSmart Securities. Following next week's meetings of the Bank of Japan (BOJ) and the Federal Reserve, Japan's summer bonuses and company dividends could be key catalysts driving domestic shares higher. "With those funds in the pipeline, I think the inflow of money into the market will continue," Kawai said. "After we get through next week, I think it's basically easier to go higher and catch up with U.S. equities."
