Business / Financial Markets Dec 4, 2020

Nikkei falls back on coronavirus vaccine worries

The key 225-issue Nikkei average fell back Friday as negative news regarding a coronavirus vaccine dampened market sentiment. The benchmark Nikkei of the Tokyo Stock Exchange dropped 58.13 points, or 0.22%, to close at 26,751.24, after rising 8.39 points on Thursday. But the Topix index of ...

Business / Financial Markets Dec 3, 2020

Tokyo stocks close higher after range-bound trading

Tokyo stocks closed slightly higher Thursday after another session spent in a narrow trading range. The 225-issue Nikkei average of the Tokyo Stock Exchange finished up 8.39 points, or 0.03%, at 26,809.37, reaching another 29-year high. On Wednesday, the key index rose 13.44 points. The Topix ...

Tokyo stocks inch up in directionless trading

Business / Financial Markets Dec 2, 2020

Tokyo stocks inch up in directionless trading

Tokyo stocks closed slightly higher on Wednesday after struggling for direction. The benchmark 225-issue Nikkei average on the Tokyo Stock Exchange finished up 13.44 points, or 0.05%, at 26,800.98, the highest closing level since April 17, 1991, after rising 353.92 points on Tuesday. The Topix index ...

Business / Financial Markets Nov 30, 2020

Tokyo stocks turn lower on overheating worries

Tokyo stocks fell back Monday due to investor concerns over an overheating market after the recent run-up. The 225-issue Nikkei average of the Tokyo Stock Exchange snapped a four-session winning streak and sank 211.09 points, or 0.79%, to close at 26,433.62, after climbing 107.40 points ...

Business / Financial Markets Nov 27, 2020

Tokyo stocks resist profit-taking to gain more ground

Tokyo stocks shrugged off profit-taking to add to gains Friday, underpinned by unabated anticipation for economic recovery. The 225-issue Nikkei average of the Tokyo Stock Exchange advanced 107.40 points, or 0.40%, to close at 26,644.71, the highest closing since April 18, 1991, after the key ...

Business / Financial Markets Nov 25, 2020

Tokyo stocks rise further on global upswing

Tokyo stocks continued to add to gains Wednesday amid an unabated risk-on mood in markets around the globe. The Nikkei average of 225 selected issues listed on the first section of the Tokyo Stock Exchange rose 131.27 points, or 0.50 percent, to close at a ...

Business / Financial Markets Nov 19, 2020

Nikkei slides further on coronavirus fears

The Nikkei stock average continued to bleed Thursday as fears of a coronavirus resurgence at home and abroad dampened investor sentiment. The 225-issue Nikkei average of the Tokyo Stock Exchange dropped 93.80 points, or 0.36%, to close at 25,634.34, after sliding 286.48 points Wednesday. But the ...

Business / Financial Markets Nov 18, 2020

Tokyo stocks turn lower after bull run

Tokyo stocks fell back Wednesday as they entered what brokers see as a correction phase after a bull run since early November. The 225-issue Nikkei average of the Tokyo Stock Exchange dropped 286.48 points, or 1.10%, to close at 25,728.14, after gaining 107.69 points Tuesday. The ...

Dollar almost unchanged around ¥104.50 in Tokyo

Business / Financial Markets Nov 17, 2020

Dollar almost unchanged around ¥104.50 in Tokyo

The dollar was almost unchanged around ¥104.50 in Tokyo trading Tuesday amid a dearth of fresh incentives. At 5 p.m., the dollar was at ¥104.47-47, almost unchanged from ¥104.42-47 at the same time Monday. The euro was at $1.1846-1846, down from $1.1855-1855, and at ¥123.76-76, ...