Stock market, Tokyo closes sharply greater | EUROtoday

Listen to the audio model of the article

The Tokyo Stock Exchange closed greater with the Nikkei index rising by 1.3% to 39,103.22 factors. Japanese shares have been pushed into optimistic territory by good points in know-how and chip shares, following sturdy outcomes from US group Nvidia. The US chip large has in reality reported higher than anticipated earnings and revenues and confirmed the rumors a few new share break up, additionally saying a rise in dividends of +150 p.c.

Notably, Lasertec rose 6.3 p.c and SoftBank Group gained 4.3 p.c. Meanwhile, the yield on 10-year Japanese authorities bonds stays unchanged at 0.995% as traders' consideration is concentrated on US financial knowledge and their political implications.

Hong Kong opened decrease at this time, with the Hang Seng index dropping 0.89% in early buying and selling, falling 171.19 factors to 19,024.41. The Shanghai Business Center Composite fell by 0.27 p.c on the opening, whereas that of Shenzhen misplaced 0.31 p.c.