Tokyo stocks rebound after US records

Tokyo markets opened higher on Friday after the Dow and S&P 500 closed at new record highs on Wall Street. Many stock markets around Asia, including Hong Kong, were closed for Good Friday.

Tokyo markets opened higher on Friday after the Dow and S&P 500 closed at new on Wall Street.

The benchmark added 0.48 percent, or 193.04 points, to 40,361.11 in early trade, while the broader rose 0.58 percent, or 16.03 points, to 2,766.84.

"Tokyo shares are expected to start strong after the Dow and the S&P 500 hit all-time highs," brokerage house Monex said.

"In this environment, a key point will be to see if the Nikkei can move even higher after a round of buying in the morning."

Investors were optimistic that the Tokyo bourse could extend recent surges in the coming days, Nomura Securities said.

"We are seeing high hopes for semiconductor shares on the back of AI-driven demand," it said.

"There are also hopes for value shares as the Tokyo Stock Exchange drives corporate governance reforms. Investors are expecting further gains in Tokyo."

Among major shares, Toyota rose 0.18 percent to 3,813 yen and Fast Retailing climbed 1.33 percent to 47,330 yen.

Semiconductor shares also firmed. Tokyo Electron gained 0.10 percent to 39,300 yen and Advantest added 0.24 percent to 6,711.

Video game giant Sega Sammy soared 8.01 percent to 2,016 yen after announcing 240 further job cuts in Europe to increase its profitability in the region.

Many around Asia, including Hong Kong, were closed for Good Friday.

Among those trading, Seoul was up 0.2 percent, while Taipei gained 0.5 percent.

The dollar stood at 151.42 yen, nearly flat from 151.39 yen in New York.

The euro was little changed against the dollar at $1.0783, while the pound stood at $1.2628, compared to $1.2619 in New York.

Source: Stocks-Markets-Economic Times

Последние публикации
Qualcomm approached Intel about a takeover in recent days, source says
21.09.2024 - 08:00
Eliem therapeutics executive sells over $9,000 in company stock
21.09.2024 - 06:00
Nvidia's principal accounting officer sells shares worth over $520,000
21.09.2024 - 05:00
Mara Holdings CFO sells over $262k in company stock
21.09.2024 - 05:00
Mara Holdings CEO sells shares worth over $430k
21.09.2024 - 05:00
Nvidia CFO Colette Kress sells shares worth over $7.7 million
21.09.2024 - 05:00
X names Brazil legal representative as it fights ban in the country
21.09.2024 - 05:00
Viking therapeutics director sells shares worth over $715,000
21.09.2024 - 05:00
Viking therapeutics CEO sells over $15m in company stock
21.09.2024 - 05:00
Natera co-founder sells over $2.8 million in company stock
21.09.2024 - 05:00
Palantir Technologies sells Rubicon Technologies shares worth over $9k
21.09.2024 - 04:00
Reddit CFO Andrew Vollero sells over $5 million in company stock
21.09.2024 - 04:00
Privet fund LP sells over $13 million in Ascent Industries stock
21.09.2024 - 04:00
FTC Chair Lina Khan welcomes companies weighing antitrust in deals, addresses critics
21.09.2024 - 04:00
RH director Mark Demilio sells over $1 million in company stock
21.09.2024 - 04:00

© Analytic DC. All Rights Reserved.

new
Анализ трейдера Анализ трейдера за 20.09.24
Добро пожаловать в чат поддержки!
*
*

Ваш запрос успешно отправлен!
Скоро с вами свяжутся.