Japan's Nikkei Rises for Third Straight Session as AI Optimism Returns; SoftBank Falls 3%
6 Articles
6 Articles
The Japanese Nikki index rose today Wednesday for the third consecutive session, with statements and reports of profits returning some optimism.
Japan's Nikkei rises for third straight session as AI optimism returns; SoftBank falls 3%
Japan's Nikkei 225 rose 0.80% for a third consecutive session as renewed optimism around artificial intelligence stocks lifted sentiment. Strong semiconductor demand and improving manufacturer confidence supported gains. However, SoftBank shares fell 3% after the technology investment giant reported a second-quarter net loss of 1.1 trillion yen.
The Tokyo Stock Exchange closes in positive for the third consecutive day, supported by the return of optimism on the artificial intelligence sector. The Nikkei advances by 1,31% and the Topix by 0,92%, while the rises of Kokusai Electric, Sumco and Furukawa Electric are distinguished.
Japan's index of the third session rose in a row, with renewed optimism for the AI sector, amid the expectation of global markets that the American company Anthropic and positive prospects for revenue would be launched. During today's Wednesdays, the return on Japan's government bonds for 10 years rose by 9.6 basis points at 2.792%, while the value of the United States currency stood before its counterpart [...] the rise of Japanese Nikki for th…
TOKYO, 11/11 (Reuters) - Japan's Nikkei Stock Average rose for the third day in a row on Wednesday. This is because data and earnings reports have regained some optimism about the AI sector, which has been hit. The benchmark Nikkei Stock Average rose 1.31% and closed at 61,248.59. The broader topics index rose 0.92% to 3,929.39. Confidence among Japanese manufacturers rose to the strongest level in the past five years in November. This is becaus…
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