Tokyo's Nikkei Index Ends Lower
Mohammad Ali (@ChaudhryMAli88) Published March 15, 2024 | 05:53 PM
Tokyo's key Nikkei index closed lower on Friday with the market weighed down by losses in semiconductor-linked shares
Tokyo, (UrduPoint / Pakistan Point News - 15th Mar, 2024) Tokyo's key Nikkei index closed lower on Friday with the market weighed down by losses in semiconductor-linked shares.
The benchmark Nikkei 225 index fell 0.26 percent, or 99.74 points, to end at 38,707.64, while the broader Topix index climbed 0.35 percent, or 9.21 points, to 2,670.80.
"In the US, major semiconductor stocks such as NVIDIA fell. Chip shares also dropped in Japan, including Tokyo Electron," Iwai Cosmo Securities said.
"But selling was limited ahead of the Bank of Japan policy meeting next week."
The dollar traded at 148.
28 yen, unchanged from the level in New York on Thursday.
Among major shares, Tokyo Electron tumbled 4.86 percent to 35,410 yen while Advantest dropped 1.38 percent to 6,436 yen.
Nippon Steel slid 0.22 percent to 3,578 yen after US President Joe Biden said he is against the proposed sale of US Steel to the Japanese firm.
Nissan jumped 3.19 percent to 581.6 yen and Honda rose 1.74 percent to 1,782.5 yen after they said they would hold a press conference.
The two firms said in a joint statement they had agreed to explore a strategic partnership in electric vehicles and other areas.
Recent Stories
PM to take part in World Economic Forum meeting in Riyadh today
Punjab Police officer Riffat Bukhari wins global award
Punjab Police Hero ASP Shehbano Naqvi’s wedding festivities spark joy
TECNO CAMON 30 Series set to launch at a grand fashion show in Karachi
Record growth being witnessed in IT exports due to SIFC’s efforts
Pakistan, Canada agree to enhance cooperation in all fields
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 27 April 2024
Today Gold Rate in Pakistan 27 April 2024
HEC reviews curricula for environmental sciences degree programme
ICC Asia looking forward to an action-packed Asia Cricket Week
Yuvraj Singh named ICC Men’s T20 World Cup 2024 Ambassador
Greece hands Olympic flame to 2024 Paris Games hosts
More Stories From Business
-
Turkmenistan to complete TAPI energy project with regional countries
21 minutes ago -
Gold rates decrease by Rs.600 per tola to Rs244,400
31 minutes ago -
Electric fans' export increase 4.75% to $19.760 mln in nine months
1 hour ago -
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 27 April 2024
5 hours ago -
Today Gold Rate in Pakistan 27 April 2024
6 hours ago -
Finance minister reviews progress on FBR digitalization
15 hours ago
-
US stocks rebound on tech earnings, London hits new record
15 hours ago -
US approves gene therapy treatment for hemophilia
15 hours ago -
KATI president for inclusion of agri sector in tax net
15 hours ago -
Ahsan chairs 13th CPEC-JCC preparatory meeting, reviews arrangements for high-level delegation’s v ..
17 hours ago -
Police to take every step for security of business community: IGP
17 hours ago -
WB director, Planning minister discuss reforms in development projects
17 hours ago