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By Hideyuki Sano
TOKYO, August 19 (Reuters) – Japan’s Nikkei made small profits Wednesday, as some generation corporations recovered after U.S. tech giants pushed the S.P.500 to an all-time high overnight, and in dollar terms, the benchmark is closer to three. ten years at most.
Nikkei inventory rose 0.26% to 23,110.61 after two consecutive loss sessions. The wider Topix rose 0.18% to 1613.73. In dollar terms, it stood at 219.10, just 0.3% below its 2019 peak, the highest since 1990.
“Some technological movements that gain advantages from new types of calls after the coronavirus outbreak will continue to work well. But for the overall inventory index to rise, investors want more positive points to buy,” said Norihiro Fujito, Mitsubishi’s leading investment strata. UFJ Morgan Stanley Securities.
Softbank Group, which invests in generation corporations worldwide, rose 3.3% while Nintendo gained 1.0% at a 12-year high.
Information equipment and technology companies Fujitsu and NEC grew by 2.4% and 3.7%, respectively.
The Mothers index reached a maximum of two years, with Modalis Therapeutics, which was indexed earlier this month, earning 10.4%.
Sony, meanwhile, fell 2.8% following the announcement that Third Point LLC has sold much of its investment in the company, although some investors believe the long-term effect on the resolution of the U.S. activist fund. It would be insignificant.
Sony is also under pressure due to considerations of Hington’s tightening restrictions on sales to Huawei Technologies in China.
Other Huawei suppliers also fell, with Taiyo Yuden wasting 1.3% and Murata Manufacturing wasting 0.8%.
The market reacted little to domestic knowledge that seemed to be a decrease in machinery orders, as well as a decline in exports.
Trade slows due to the summer break, with sales of 1.697 trillion yen, about 30% below average. (Report through Hideyuki Sano; Editing via Aditya Soni and Shailesh Kuber)