Nikkei 225

The Nikkei 225 index rallied today as investors cheered the reopening of the Japanese economy and the launch of new antibody tests in the country. Beermaker, Asahi was the top performer in the index.

The Nikkei 225 declined by about 78 points as investors braced for a new wave of bankruptcies in Japan. The index also reacted to weak results from Nissan and the rising trade risks from the region.

Asian stocks started mixed the new week as the tensions between China and the USA over the Hong Kong new security law with shares in Hong Kong, extending losses for one more day.

Nikkei declined by more than 80 basis points today as the economic outlook in the country worsened. The index also declined because of the risks posed by the ongoing China parliamentary sessions. The best-performing stocks in the Nikkei were Softbank Group, Fujitsu, ANA Holdings, Kaisei Electric Railway, and Kyowa Hakko. On the other hand, the worst-performers were Amada, JFE Holdings, and T&D Holdings.

It was a mixture of red and green for the Nikkei 225 index as the market digested the latest trade and manufacturing data. The blue-chip index was barely moved at 06:13 (GMT), with the biggest gainer being Taiheyo Cement, whose stock rose by more than 12%.

Nikkei 225 finished higher but Asian markets trading mixed on Wednesday after yesterday’s losses on Wall Street as some reports cast doubts on the results from the clinical trials on Moderna’s coronavirus vaccine.

The Nikkei 225 index rose by more than 2 per cent as the market continued to react to the positive news by Moderna yesterday. The company said that its vaccine was showing signs of progress in initial tests. The market is also reacting to positive signs that the coronavirus pandemic is slowing down in Japan.