The Nikkei stock index ended Friday at its highest level in 30 years and five months as hopes for a larger U.S. stimulus pushed up U.S. shares to record highs overnight. The 225-issue Nikkei Stock Average ended up 648.90 points, or 2.36 percent, from Thursday at 28,139.03, its highest closing…
Dec 30, 2020
Tokyo stocks are likely to climb in 2021 with progress in global COVID-19 vaccinations helping to improve the business climate and Japan’s accommodative monetary policies remaining in place.
Analysts forecast the benchmark 225-issue Nikkei stock average of the Tokyo Stock Exchange, which finished 2020 trading Wednesday at 27,444.17 the highest year-end close since 1989 will move between 21,000 and 30,500 in 2021.
“In the first half of 2021, the stock market will still be weighed down by the continuing pandemic. But as more people get vaccinated, there will be a bigger pickup in the second half,” said Makoto Sengoku, senior equity market analyst at the Tokai Tokyo Research Institute.
Tokyo stocks drop as new virus variant raises global recovery worries 22 December 2020 13:20 Share in:
TOKYO. KAZINFORM - Tokyo stocks ended lower Tuesday as selling took hold across the board on growing concerns that the coronavirus pandemic will be prolonged with a new variant of the virus spreading in Europe and hamper a global economic recovery, Kyodo reports. Related news
The 225-issue Nikkei Stock Average ended down 278.03 points, or 1.04 percent, from Monday at 26,436.39, its lowest closing level since Nov. 30. The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 27.93 points, or 1.56 percent, lower at 1,761.12.
Decliners were led by mining, marine transportation, and iron and steel issues.
2020-12-22 10:35:28 GMT2020-12-22 18:35:28(Beijing Time) Xinhua English
TOKYO, Dec. 22 (Xinhua) Tokyo stocks closed lower Tuesday as investor sentiment was dampened by concerns that a new variant of the COVID-19 virus spreading in Europe could cloud the outlook for global economic recovery from the pandemic.
The 225-issue Nikkei Stock Average fell 278.03 points, or 1.04 percent, from Monday to close the day at 26,436.39.
The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, lost 27.93 points, or 1.56 percent, to finish at 1,761.12.
Losses gathered pace throughout trading Tuesday after opening lower following countries across Europe and elsewhere tightening their border restrictions to freight and travelers from Britain in a bid to curb the spread of a new, highly transmissible variant of the coronavirus, local brokers said.
Tokyo stocks managed to end higher Thursday while trading was lackluster amid a dearth of fresh incentives.
The benchmark 225-issue Nikkei average of the Tokyo Stock Exchange gained 49.27 points, or 0.18%, to close at 26,806.67. On Wednesday, the index rose 69.56 points.
The Topix index of all first section issues closed 5.75 points, or 0.32%, higher at 1,792.58, following a 4.78-point advance the previous day.
The market started almost flat as the U.S. Federal Reserve’s two-day Federal Open Market Committee meeting ended without major surprises Wednesday, brokers said.
The Nikkei soon lost about 80 points, but rose back to the sunny side shortly after that. It drifted in a narrow range for the rest of the morning session following the end of the Fed meeting, the biggest event this week, they added.