Japan’s Nikkei Ends Marginally LowerJapan’s Nikkei Ends Marginally Lower Tokyo: Japanese markets closed largely unchanged as the yen strengthened ahead of the Bank of Japan’s policy meeting next week. The Nikkei average closed marginally lower at 39,594.39, extending losses to a fifth straight session. The broader Topix index closed 0.21 percent higher at 2,833.39. Shipping company Nippon Yusen rose 8.2 percent after raising its fiscal year profit forecast. Rivals Kawasaki Kisen Kaisha and Mitsui OSK Lines rose 6.4 percent and 5.3 percent, respectively. Tech stocks rose, with chip test equipment maker and Nvidia supplier Advantest gaining 2.9 percent. Contact us via WhatsApp: [WhatsApp Link]
Japanese markets closed largely unchanged as the yen strengthened ahead of the Bank of Japan’s policy meeting next week. No changes to interest rates are expected.
The Nikkei average closed marginally lower at 39,594.39, extending losses to a fifth straight session. The broader Topix index closed 0.21 percent higher at 2,833.39.
Shipping company Nippon Yusen rose 8.2 percent after raising its fiscal year profit forecast. Rivals Kawasaki Kisen Kaisha and Mitsui OSK Lines rose 6.4 percent and 5.3 percent, respectively. Tech stocks rose, with chip test equipment maker and Nvidia supplier Advantest gaining 2.9 percent.
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