Tokyo Stock Exchange

2023-10-05 01:39:15

The Tokyo Stock Exchange rebounded on Thursday, October 5 in the morning following five sessions in the red, encouraged by the rise on Wall Street the day before in the wake of lower-than-expected American employment data and a decline in American bond rates. After falling the day before to its lowest since mid-May, the flagship Nikkei index rose 0.66% to 30,728.28 points around 01:00 GMT. The broader Topix index regained 0.95% to 2,239.98 points.

The New York Stock Exchange started to rise once more on Wednesday following the publication of the ADP report showing a number of job creations much lower than expected, giving hope for the end of monetary tightening by the American Central Bank (Fed). “Good news is bad, and vice versa, as markets navigate the Fed’s path”commented Stephen Innes in a note from SPI Asset Management.

Rail green light for Hitachi

The Japanese Hitachi (+1.8%) received the green light from the British competition authority (CMA) on Wednesday for the purchase for an amount of 1.7 billion euros of the railway signaling activities of French Thales , following the Japanese group agreed to make certain sales to remedy London’s concerns.

Accord Toyota-LG

The world’s leading automobile manufacturer Toyota (+3.2%) and South Korean LG announced on Wednesday the signing of an agreement for the supply by LG to Toyota of battery modules which will be used from 2025 in electric vehicles of Toyota assembled in North America. The Japanese manufacturer has set itself the objective of selling 1.5 million 100% electric vehicles in 2026 and 3.5 million by 2030.

Rise of the yen

The yen rose once morest the dollar, which was worth 148.38 yen around 01:10 GMT once morest 149.12 yen on Wednesday at 21:00 GMT. The euro also fell to 156.17 yen once morest 156.64 yen the day before, and was worth 1.0527 dollars once morest 1.0504 dollars on Wednesday.

Oil was progressing: around 01:00 GMT the barrel of American WTI rose 0.31% to $84.48 and that of Brent from the North Sea rose 0.36% to $86.12.

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2023-10-03 01:18:33

The Tokyo Stock Exchange was in decline on Tuesday morning, October 3, following the mixed close on Wall Street, mainly supported the day before by its technology stocks in a market tense by the rise in bond rates in the United States. The flagship Nikkei index lost 1.02% to 31,435.96 points around 00:55 GMT and the broader Topix index dropped 0.89% to 2,293.77 points.

Investors on the New York Stock Exchange kept their eyes focused on the bond market on Monday, where the yield on ten-year US government bonds reached 4.70%, the highest in almost 16 years. Also following the publication of the ISM index showing slightly improving manufacturing activity in the United States in September, Wall Street players “remained on their guard, carefully examining the correlation between economic growth and interest rates,” he said. commented Stephen Innes in a note from SPI Asset Management.

Oil stocks in decline

Japanese oil and gas stocks suffered from the fall in oil prices, weighed down on Monday by the rise in American bond rates which raises fears of a strangulation of the economy and thus the demand for black gold: Idemitsu Kosan fell by 3.82 %, Eneos Holdings by 4.08% and Inpex Corp by 5.1%.

Black gold continues its decline

The yen remained weak once morest the dollar, which was worth 149.87 yen around 01:00 GMT once morest 149.86 yen on Monday at 21:00 GMT. The euro fell slightly to 156.96 yen once morest 157.01 yen the day before, and was worth 1.0474 dollars once morest 1.0477 dollars on Monday.

Oil continued its decline: around 00:50 GMT the barrel of American WTI dropped 0.54% to 88.34 dollars and that of Brent from the North Sea also fell 0.54% to 90.22 dollars.

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2023-09-27 01:28:32

The Tokyo Stock Exchange was in sharp decline on the morning of Wednesday, September 27, marked like Wall Street the day before by risk aversion in the face of the bleak outlook for the global economy and the tension on bond rates, particularly in the United States. . The flagship Nikkei index lost 0.92% to 32,017.39 points around 01:00 GMT and the broader Topix index lost 0.77% to 2,353.77 points.

The New York Stock Exchange, like other Western markets, ended in the red on Tuesday, worried regarding the desire of the American Central Bank (Fed) to maintain its key rates higher for longer than anticipated by the markets, which is causing prices to jump. yields. “Investors continue to question the consequences of a prolonged period of high interest rates and the potential economic fallout”and this week favor the “cut and run”, consisting of selling its assets quickly in order to limit its losses, commented Stephen Innes in a note from SPI Asset Management.

Oil on the rise

The yen, which fell to a new eleven-month low once morest the dollar on Tuesday, remained weak at 149.05 yen per dollar around 01:00 GMT compared to 149.07 yen on Tuesday at 21:00 GMT. The Japanese currency, however, regained some ground once morest the euro, which was trading for 157.40 yen once morest 157.60 yen the day before. And the European currency was trading at 1.0560 dollars once morest 1.0572 dollars on Tuesday at 9:00 p.m. GMT.

The oil market was progressing: around 00:50 GMT the barrel of WTI gained 0.3% to $90.66 and the barrel of Brent from the North Sea gained 0.33% to $94.27.

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2023-09-13 01:19:04

The Tokyo Stock Exchange was trading slightly higher on Wednesday September 13 morning, in a market dominated by investor caution before the publication of inflation figures in the United States. The flagship Nikkei index gained 0.21% to 32,845.77 points around 00:50 GMT and the broader Topix index gained 0.15% to 2,383.51 points.

The New York Stock Exchange had finished lower the day before, weighed down by technologies and waiting before the CPI index for August, expected on Wednesday and which according to economists’ forecasts should see a rebound in inflation.

Boeing suppliers are struggling

Some Japanese suppliers of Boeing saw their shares fall following the announcement on Tuesday by the American manufacturer of a slowdown in August in deliveries of its flagship aircraft, the 737: the Japanese specialist in interior fittings and sanitary facilities for aircraft Jamco lost 0.68 %, industrial conglomerate Kawasaki Heavy Industry 0.63% and carbon fiber composite materials supplier Toray 0.7%.

The yen in decline

The yen fell once morest the dollar, which was worth 147.27 yen around 00:55 GMT once morest 147.08 yen on Tuesday at 21:00 GMT. The euro also progressed once morest the Japanese currency, with one euro trading for 158.47 yen compared to 158.17 yen the day before. The European currency was also trading at 1.0760 dollars once morest 1.0754 dollars on Tuesday.

Oil prices were almost stable: around 00:45 GMT the barrel of WTI was worth 88.94 dollars (+0.11%) and that of Brent from the North Sea gained 0.05% to 92.11 dollars.

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