financetom
World
financetom
/
World
/
Japan's Nikkei posts biggest point gain on record for fiscal year
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Japan's Nikkei posts biggest point gain on record for fiscal year
Mar 28, 2024 11:26 PM

TOKYO, March 29 (Reuters) - Japan's Nikkei share average

logged the biggest rise ever on an absolute basis for the fiscal

year ended on Friday, rallying 12,328 points.

The index hit successive record highs this quarter, after

breaking levels on Feb. 22 that were last seen in 1989 during

the nation's bubble economy.

The rally was supported by better corporate governance,

foreign buying on a weaker yen and expectations that the Bank of

Japan will stick with loose monetary policy.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
CANADA STOCKS-TSX opens muted as mining losses combat energy gains
CANADA STOCKS-TSX opens muted as mining losses combat energy gains
Nov 3, 2024
Oct 24 (Reuters) - Canada's main stock index opened subdued on Thursday as gains in energy and technology stocks were countered by losses in mining and consumer stocks, after the Bank of Canada's outsized interest rate cut in the previous session. At 9:33 a.m. ET (13:33 GMT), the Toronto Stock Exchange's S&P/TSX composite index was up 15.8 points, or 0.06%,...
Dow Q3 Earnings: Volume Growth Amid Market Softness, Q4 Outlook Remains Cautious
Dow Q3 Earnings: Volume Growth Amid Market Softness, Q4 Outlook Remains Cautious
Nov 3, 2024
Dow Inc ( DOW ) shares are trading higher after the company reported third-quarter results. Sales rose 1% year over year to $10.88 billion, beating the consensus of $10.65 billion, on higher sales in the U.S. and Canada. Adjusted EPS was $0.47, beating the consensus of $0.46. Local prices remained flat as improvements in Packaging & Specialty Plastics were offset by decreases in Performance Materials & Coatings segments. Sequentially, local prices fell 1%....
Earnings, Central Bank Outlooks Lift European Bourses Midday
Earnings, Central Bank Outlooks Lift European Bourses Midday
Nov 2, 2024
07:53 AM EDT, 10/24/2024 (MT Newswires) -- European bourses tracked moderately higher midday Thursday as traders digested recent positive earnings reports and signals from the European Central Bank that rate cuts are on the table. Several European blue-chip issues, including automaker Renault, consumer goods giant Unilever, and luxury brand Hermes have posted better-than-expected quarterly results, topped by Tesla's (TSLA) strong...
Stocks Mostly Rise Pre-Bell Following Upbeat Tesla Earnings; Asia Falls, Europe Gains
Stocks Mostly Rise Pre-Bell Following Upbeat Tesla Earnings; Asia Falls, Europe Gains
Nov 2, 2024
07:06 AM EDT, 10/24/2024 (MT Newswires) -- US equity markets were mostly pointing higher before Thursday's opening bell, lifted in part by Tesla's (TSLA) better-than-expected third-quarter earnings. Standard & Poor's 500 gained 0.5% and the Nasdaq added 0.8% in premarket activity, while the Dow Jones Industrial Average edged down 0.1%. The majority of Asian exchanges were trending lower, while European...
Copyright 2023-2026 - www.financetom.com All Rights Reserved