Nikkei Average Rebounds Slightly, Supported by Buying of Strong-Earnings Stocks, While Yen Appreciation Concerns Persist

Reuters··Read original
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Summary · why it matters

The Nikkei Average rebounded slightly, closing at 63,957.53 yen, up 0.32% from the previous trading day. Amid a flurry of corporate earnings announcements, buying of stocks with strong results supported the market, while caution over the yen's appreciation capped gains, leaving the index lacking clear direction. Toyota Motor fell over 1% as its full-year net profit forecast missed market expectations, while Mitsubishi Heavy Industries and Yamaha Motor surged following their earnings reports. Trading value on the Tokyo Stock Exchange Prime Market was 10.283736 trillion yen.

Impact on assets 3

Electrification & Mobility▼
Toyota Motor Corp.
7203
▼ NegativeCapitalrelevance

Toyota Motor fell over 1% as its full-year net profit forecast missed market expectations.

Energy Transition & Power Demand▲
Robotics & Physical AI▲