Japanese Market Significantly Higher

RTTNews | 598日前
Japanese Market Significantly Higher

(RTTNews) - Snapping the two-session losing run, the Japanese shares are trading significantly higher on Tuesday, following the broadly positive cues from global markets overnight. The Nikkei 225 is moving above the 31,900 level, with gains across most sectors led by exporters and technology stocks.

The benchmark Nikkei 225 Index is up 264.46 points or 0.84 percent at 31,923.49, after touching a high of 32,260.77 earlier. Japanese shares ended sharply lower on Monday.

Market heavyweight SoftBank Group is gaining more than 2 percent, while Uniqlo operator Fast Retailing is edging down 0.2 percent. Among automakers, Honda is gaining almost 1 percent and Toyota is edging up 0.1 percent.

In the tech space, Advantest and Tokyo Electron are gaining almost 3 percent each, while Screen Holdings is advancing more than 4 percent.

In the banking sector, Sumitomo Mitsui Financial and Mizuho Financial are edging up 0.1 to 0.3 percent each, while Mitsubishi UFJ Financial is edging down 0.1 percent.

The major exporters are mostly higher. Canon is edging up 0.3 percent, Panasonic is gaining almost 1 percent, Mitsubishi Electric is adding almost 2 percent and Sony is up more than 1 percent.

Among the other major gainers, Bandai Namco and Terumo are surging almost 5 percent each, while Recruit Holdings is adding more than 3 percent. Konami Group, TDK, Renesas Electronics and Oriental Land are advancing almost 3 percent each.

Conversely, there are no other major losers.

In the currency market, the U.S. dollar is trading in the higher 149 yen-range on Tuesday.

On Wall Street, stocks rallied on Monday as investors indulged in some strong buying at several counters ahead of earnings updates from several top ranked companies, shrugging off rising bond yields and concerns about the ongoing war in the Middle East.

The major averages all ended on a firm note. The Dow ended higher by 314.25 points or 0.93 percent at 33,984.54. The S&P 500 advanced 45.85 points or 1.06 percent at 4,373.63, while the Nasdaq settled at 13,567.98, gaining 160.75 points or 1.2 percent.

The major European markets also ended modestly higher despite seeing some weakness during the course of the session. The U.K.'s FTSE 100 gained 0.41 percent, Germany's DAX climbed 0.34 percent, and France's CAC 40 ended higher by 0.27 percent.

Crude oil prices fell on Monday, retreating after rising sharply in the previous session amid fears that the ongoing Israel-Hamas war might fuel a wider conflict in the Middle East. West Texas Intermediate Crude oil futures for November shed $1.03 or 1.2 percent at $86.66 a barrel.

read more
Eurozone GDP Growth Accelerates To 0.6%

Eurozone GDP Growth Accelerates To 0.6%

The euro area economic growth doubled in the first quarter on household spending, investment and exports, official data revealed on Friday. Gross domestic product logged a quarterly growth of 0.6 percent in the first quarter, which was faster than the initial estimate of 0.3 percent, Eurostat said. This followed a 0.3 percent rise in the fourth quarter of 2024.
RTTNews | 1時1分前
India Slashes Policy Rates By Bigger Than Expected 50 Bps; Shifts Stance To Neutral

India Slashes Policy Rates By Bigger Than Expected 50 Bps; Shifts Stance To Neutral

The Reserve Bank of India lowered its interest rates by a sharper-than-expected 50 basis points on Friday, marking the third consecutive reduction as policymakers focused on propelling growth amid the softening inflation, but the central bank shifted its monetary policy stance to neutral signaling a pause ahead. The MPC decided to cut the policy repo rate by 50 basis points to 5.50 percent.
RTTNews | 1時13分前
Sensex, Nifty Rally As RBI Surprises With Jumbo Rate Cut

Sensex, Nifty Rally As RBI Surprises With Jumbo Rate Cut

Indian shares rallied on Friday as the Reserve Bank of India (RBI) surprised the market with a 50 basis points (bps) cut in the benchmark repo rate to 5.5 percent, slashed the cash reserve ratio (CRR) by 100 basis points to 3 percent, and also trimmed its inflation forecast for the year by 30 basis points to 3.7 percent.
RTTNews | 1時15分前
U.K. Stocks Subdued As Investors Look For Directional Clues

U.K. Stocks Subdued As Investors Look For Directional Clues

U.K. stocks are largely subdued Friday morning with investors looking for directional clues and refraining from making significant moves. The focus is on the progress of trade negotiations between U.S. and China, and the upcoming U.S. non-farm payrolls data.
RTTNews | 1時22分前
CAC 40 Down Slightly In Lackluster Trade

CAC 40 Down Slightly In Lackluster Trade

French stocks are down slightly in negative territory Friday morning, as disappointing industrial production data, and trade tensions weigh on sentiment. Investors are also looking ahead to the release of U.S. non-farm payrolls report, due later in the day.
RTTNews | 1時51分前
European Shares Subdued On Disappointing Data

European Shares Subdued On Disappointing Data

European shares were subdued on Friday as investors reacted to a slew of downbeat regional data and looked ahead to the release of key U.S. non-farm payrolls report for direction.
RTTNews | 2時27分前
Tesla Shares Plunge 14%, Loses $152 Bln Amid Elon Musk - Donald Trump Fallout

Tesla Shares Plunge 14%, Loses $152 Bln Amid Elon Musk - Donald Trump Fallout

Shares of Tesla Inc. plunged around 14 percent on Thursday's trading on the Nasdaq, losing around $152 billion from its market capital in a single day, after CEO Elon Musk's feud with US President Donald Trump turned into a full-blown public war of words. Tesla's market capitalisation reached below the $1 trillion mark and ended the day at $916 billion. However, the shares returnd to a gain...
RTTNews | 2時29分前
DAX Drifts Lower On Weak Economic Data

DAX Drifts Lower On Weak Economic Data

After three successive days of gains, German stocks are a bit subdued on Friday, weighed down by disappointing economic data and concerns about global growth due to Trump administration's trade policy.
RTTNews | 2時37分前