Latest news with #TokyoElectron
Bloomberg
a day ago
- Business
- Bloomberg
Japan's Stocks Still Under Shadow of BOJ Unwinding Bond Holdings
The Bank of Japan is fine-tuning its pullback from the bond market but this mustn't obscure the fact that quantitative tightening is well underway and likely to cause instability in some stocks. The potential impact of quantitative tightening may cast a shadow on the Nikkei 225 Stock Average's chances of climbing further after hitting four-month highs this week. The blue-chip index is skewed toward growth stocks such as Fast Retailing Co., which owns the Uniqlo casual clothing chain, and chip-related firms Advantest Corp. and Tokyo Electron Ltd.
Business Standard
3 days ago
- Business
- Business Standard
Japan's Nikkei ends 0.59% up
Japanese markets bucked the weak regional trend to hit a four-month high as BoJ Governor Kazuo Ueda warned against quick bond tapering. The Nikkei average rose 0.59 percent to 38,536.74, led by banks and chip-related stocks. The broader Topix index settled 0.35 percent higher at 2,786.95. Disco Corp surged 6.3 percent, Tokyo Electron climbed 2.9 percent and Advantest added 2.4 percentPowered by Capital Market - Live News
Economic Times
13-06-2025
- 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)
Business Recorder
13-06-2025
- 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%.
New Straits Times
13-06-2025
- 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.
