The Japanese Stock Market Ended With A Small Profit on Friday

The Japanese stock market ended with a small profit on Friday.

 

Investors revived the slightly higher closing positions on Wall Street, where the vote was buoyed by hopes for an agreement in Washington on a new corona support package for the US economy. The other major stock market indicators in the Asian region showed a mixed picture.

The Nikkei in Tokyo entered the weekend with a plus of 0.2 percent at 23,516.59 points. The Japanese chip corporations were under pressure after an unacceptable quarterly report from the American chip giant Intel, which was considerably lowered in after-exchange trading on Wall Street.

Chip tester Advantest fell 1.1 percent and chip equipment maker Tokyo Electron tumbled 2.7 percent. Nexon was worth 17.2 percent more. According to media reports, the developer of internet games may replace FamilyMart in the Nikkei.

In Shanghai, the stock market suffered a temporary loss of 0.3 percent, and the Hang Seng index in Hong Kong gained 0.5 percent. The Kospi in Seoul won 0.2 percent.

South Korean chipmakers Samsung and SK Hynix were little affected by the disappointing results of competitor Intel and rose 0.2 percent and 1.4 percent respectively. The Australian All Ordinaries in Sydney lost 0.1 percent.

Leave A Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.