![Tokyo's Nikkei index finishes with small gains](https://photo-cdn.urdupoint.com/images/UrduPoint-English-22.png)
Tokyo's Nikkei Index Finishes With Small Gains
Sumaira FH Published May 15, 2024 | 12:10 PM
![Tokyo's Nikkei index finishes with small gains](https://photo-cdn.urdupoint.com/images/UrduPoint-English-22.png)
Tokyo, (APP - UrduPoint / Pakistan Point News - 15th May, 2024) Tokyo's Nikkei index closed slightly higher on Wednesday as Sony Group soared after a US media report said it was rethinking its bid for tv and film giant Paramount.
The benchmark Nikkei 225 index gained 0.08 percent, or 29.67 points, to end at 38,385.73, while the broader Topix index was flat, losing just 0.07 points to 2,730.88.
"The Nikkei index gained, buoyed by higher US stocks and a sharp rise in Sony Group, which announced its results yesterday," IwaiCosmo Securities said.
"Sony surged on the back of the results, as well as share buybacks, stock split plans and (a media report) on the company reconsidering the acquisition of Paramount.
"
During an earnings press conference on Tuesday, Sony Group did not comment on rumours of a joint $26 billion bid for Paramount Global with Apollo Global Management.
But CNBC reported that Sony was "rethinking" its bid for the US owner of CBS, Comedy Central and MTV.
In Tokyo trading, Sony Group jumped 8.23 percent to 12,950 yen.
Chip-linked shares were higher, with Tokyo Electron gaining 1.85 percent to 35,230 Yen and Advantest climbing 1.86 percent to 5,358 yen.
The Dollar fetched 156.34 yen against 156.40 yen in New York.
Recent Stories
![Cricket: England v West Indies 3rd Test scoreboard](https://photo-cdn.urdupoint.com/media/2024/07/_1/235x155/pic_1722019914.jpg)
Cricket: England v West Indies 3rd Test scoreboard
![Finance minister briefs Chinese officials on refor ..](https://photo-cdn.urdupoint.com/media/2024/07/_1/235x155/pic_1722019922.jpg)
Finance minister briefs Chinese officials on reform agenda, engagement with IMF
![Finland says Russian vessel violated its territori ..](https://photo-cdn.urdupoint.com/media/2024/07/_1/235x155/pic_1722019912.jpg)
Finland says Russian vessel violated its territorial waters
![Olympic opening ceremony under way on River Seine](https://photo-cdn.urdupoint.com/media/2024/07/_1/235x155/pic_1722019266.jpg)
Olympic opening ceremony under way on River Seine
![West Indies' treble strike rocks England in third ..](https://photo-cdn.urdupoint.com/media/2024/07/_1/235x155/pic_1722019264.jpg)
West Indies' treble strike rocks England in third Test
![Ukraine court orders detention of suspect in murde ..](https://photo-cdn.urdupoint.com/media/2024/07/_1/235x155/pic_1722019262.jpg)
Ukraine court orders detention of suspect in murder of nationalist ex-MP
![Long queues, ticketing problems ahead of Paris ope ..](https://photo-cdn.urdupoint.com/media/2024/07/_1/235x155/pic_1722019015.jpg)
Long queues, ticketing problems ahead of Paris opening ceremony
![Rana Sanaullah Khan joins Paris 2024 Olympics inau ..](https://photo-cdn.urdupoint.com/media/2024/07/_1/235x155/pic_1722019638.jpg)
Rana Sanaullah Khan joins Paris 2024 Olympics inauguration reception
![Glowing tributes mark 69th birthday of President Z ..](https://photo-cdn.urdupoint.com/media/2024/07/_1/235x155/pic_1722019637.jpg)
Glowing tributes mark 69th birthday of President Zardari at Governor's House
![Players unaware of spying scandal as Canada Olympi ..](https://photo-cdn.urdupoint.com/media/2024/07/_1/235x155/pic_1722019635.jpg)
Players unaware of spying scandal as Canada Olympic coach sent home: official
![Naqvi hails Pak women cricketers for going down fi ..](https://photo-cdn.urdupoint.com/media/2024/07/_1/235x155/pic_1722019013.jpg)
Naqvi hails Pak women cricketers for going down fighting against SL
!['Sabotage' on French rail network before Olympics: ..](https://photo-cdn.urdupoint.com/media/2024/07/_1/235x155/pic_1722019634.jpg)
'Sabotage' on French rail network before Olympics: What we know
More Stories From World
-
Biden talks Gaza ceasefire efforts with king of Jordan
4 hours ago -
Sinaloa Cartel co-founder pleads not guilty after stunning US capture
4 hours ago -
Panama says Venezuela blocked ex-presidents going to observe polls
4 hours ago -
Ethiopia mourns victims of landslide tragedy
5 hours ago -
Khan Yunis fighting displaces 180,000 Gazans in four days: UN
5 hours ago -
Trump slams rivals as he meets Netanyahu in Florida
5 hours ago
-
Obama & his wife, Michelle, officially endorse US VP Kamala Harris for president
5 hours ago -
Rain, cooling slow huge blaze in Canada's Jasper park
5 hours ago -
Airbus and Boeing supremacy secure despite turbulence
5 hours ago -
S.African police detain 95 Libyans at suspected military camp
5 hours ago -
'Slapping therapist' guilty over UK diabetic woman's death
6 hours ago -
Panama says Venezuela blocked flight of ex-presidents going to observe polls
6 hours ago