Japanese stocks rose on the first trading day of the week, despite losses in the semiconductor sector following news that China warned of taking action if Japan imposes further restrictions on the supply of chipmaking equipment. The Tokyo Stock Exchange reported that the 225-issue Nikkei average ended the session slightly higher by 0.14 percent, or 53.12 points, to reach the index 38,700.87. The broader Topix index also rose by 0.12 percent, or 3.36 points, to close at 2,715.99. Shares of chip-making equipment maker Tokyo Electron fell 1.09 percent, or 280 yen, to 25,525 yen at the close, while Disco Corp. fell 3.07 percent, or 1,310 yen, to 41,350 yen and Laser Tech fell 2.28 percent, or 640 yen, to 27,440 yen. In terms of exchange rates, the US currency was steady at 146.20 yen against its Japanese counterpart. Source: Qatar News Agency
Related Posts
US Stocks End Mixed
US stocks ended mixed at the end of the trading session on Monday.
The Dow Jones Industrial Average fell 344.31 points, or 0.80%, to 42,931.60.
The S and P 500 lost 10.69 points, or 0.18%, to 5,853.98.
The Nasdaq Composite gained 50.45 points, or 0…
World Bank: $18.5 billion Cost of Damage to Critical Infrastructure in Gaza
Washington: The cost of damage to critical infrastructure in Gaza is estimated at around $18.5 billion according to a new report released today by the World Bank and the United Nations, with financial support of the European Union. That is equivalent …
Nikkei Stock Index Ends Above 42,000 Mark for First Time
Tokyo’s stock indexes ended at fresh all-time highs on Thursday, with the Nikkei crossing 42,000 for the first time, boosted by buying of Apple Inc. suppliers and other technology issues, as well as optimism about corporate earnings.
The 225-issue Ni…