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Japan's Nikkei reverses course to end higher as chip-related shares cut losses
Japan's Nikkei index staged a remarkable comeback, closing higher after significant early losses. This reversal was driven by chip-related stocks, which recovered following South Korea's announcement of massive investments in chip and AI mega-projects. Investors shifted focus, boosting companies like Nintendo and Sony, while energy stocks experienced a downturn. The market sentiment reflected a complex interplay of global tech developments and economic concerns.
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economictimes.indiatimes.com
Global Market: South Korean shares end flat as chipmakers cut losses on 'mega project' announcement
South Korean markets saw a mixed close Monday as chipmakers recovered from initial sharp declines following a massive $576 billion AI and data centre investment announcement.…
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Japan's Nikkei reverses course to end higher as chip-related shares cut losses
Japan's Nikkei index staged a remarkable comeback, closing higher after significant early losses. This reversal was driven by chip-related stocks, which recovered following South…
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channelnewsasia.com
Japan's Nikkei adds to record quarterly gain on tech rebound
TOKYO, June 30 : Japan's Nikkei share average climbed on Tuesday, powered by a rebound in technology stocks that have helped drive the gauge's record quarterly gains.The benchmark…
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Japan's Nikkei clocks best quarter on record on tech rebound
Japan's Nikkei share average surged on Tuesday, driven by a strong rebound in technology stocks. The benchmark index closed at 70,062.32, marking its sharpest quarterly gain in…
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Global Market: Japan's Nikkei extends rally on AI boost, but US-Iran impasse weighs
Japan's Nikkei index marked a triumphant third day of gains, fueled by the surge in AI-related shares. Nevertheless, the progress in US-Iran discussions and ongoing market…
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adnkronos.com
Nikkei Briefly Tumbles over 1,700 Points in Morning
Tokyo, July 2 (Jiji Press)--Japan's benchmark Nikkei 225 stock average briefly plunged over 1,700 points on Thursday morning. High-tech stocks came under selling pressure after…