Nikkei, Yen, Hang Seng: Shares in Asia Increase Again After Significant Losses the Previous Day
9 Articles
9 Articles
The Japanese Nikki index rose today Friday, after six consecutive sessions of losses, amid investor caution prior to the issuance of the corporate results reports and the US mid-renewal elections.
The Asian stock exchanges recover from the day before after the heavy losses. However, investors remain cautious before the upcoming reporting season and the US interim elections.
On the 16th, the Nikkei 225 stock average rose 898.34 yen from the previous day to 65,324.29 yen, rebounding after seven days of declines. Buying was dominant from the opening bell, as a reaction to the sharp drop the previous day. A wide range of stocks were bought, mainly in artificial intelligence (AI) and semiconductor-related sectors.
TOKYO: Japan's Nikkei Stock Average rose after six days of decline on Friday, but gains were limited due to corporate earnings reports and cautious stance ahead of the US midterm elections. After falling about 5% the day before, the Nikkei Average rose 1.75% at the morning break to 65,550.68, but overall this week it fell 5%. Broader topics rose 1.83% to 4,072.71, and are expected to fall 0.8% on a weekly basis. “Stock prices rebounded when inve…
The Nikkei is up 1.8% after yesterday's plunge of almost 5%.
Asian stocks start a recovery, Nikkei wins 1.8 percent. However, the mood remains cautious before the reporting season and the US interim elections.
Coverage Details
Bias Distribution
- 50% of the sources lean Left, 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
