Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Indexes  >  Nikkei 225    N225   JP9010C00002

NIKKEI 225

(N225)
SummaryQuotesChartsNewsHeatmapComponents 
SummaryMost relevantAll NewsOther languagesNews of the index componentsMarketScreener Strategies

Japan stocks post biggest weekly gain in 2 months on U.S. stimulus hopes

10/09/2020 | 02:31am EST

TOKYO, Oct 9 (Reuters) - Japanese stocks posted their biggest weekly gain in two months on Friday, on hopes of more stimulus in the United States, even though some investors doubted the chances of a deal in the run up to the U.S. presidential election.

The Nikkei 225 Index ended 0.12% lower at 23,619.69 on Friday. For the week, the Nikkei added 2.6%, its largest gain since the week ended Aug. 14. The broader TOPIX fell 0.49% to 1,647.38. For the week, the TOPIX rose 2.4%.

U.S. President Donald Trump said talks with Congress about a coronavirus stimulus, which he had abruptly called off earlier this week, had restarted.

However, Democrat House Speaker Nancy Pelosi downplayed the likelihood of stand-alone bills, and relations between the two political parties are likely to become more strained as a hotly-contested presidential election on Nov. 3 draws near.

The U.S. economy, struggling with a rise in cases of the novel coronavirus, is certain to lose momentum without a new stimulus — a risk for Japan's export sector.

"The biggest factor is (that) there is a great lack of clarity about U.S. economic policy and the presidential election, which is why it's difficult for markets to move," said Kiyoshi Ishigane, chief fund manager at Mitsubishi UFJ Kokusai Asset Management.

The largest percentage losers on the Nikkei index were Mitsubishi Motors Corp down 4.24%, followed by Takashimaya Co Ltd losing 4.22%, and JGC Holdings Corp down by 3.55%.

The largest percentage gainers were Seven & i Holdings Co Ltd up 4.61%, followed by Fast Retailing Co Ltd gaining 2.87%, and Daikin Industries Ltd up by 2.81%.

There were 41 advancers on the Nikkei index against 179 decliners.

The volume of shares traded on the Tokyo Stock Exchange's main board was 0.91 billion, compared with the average of 1.15 billion in the past 30 days. (Reporting by Stanley White; editing by Uttaresh.V)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
DAIICHI SANKYO COMPANY, LIMITED -0.80% 3580 End-of-day quote.1.27%
DAIKIN INDUSTRIES,LTD. 0.13% 23135 End-of-day quote.0.94%
FAST RETAILING CO., LTD. -0.05% 91820 End-of-day quote.-0.70%
GS YUASA CORPORATION -0.15% 3235 End-of-day quote.9.14%
JGC HOLDINGS CORPORATION 0.66% 1215 End-of-day quote.26.04%
MITSUBISHI ESTATE CO., LTD. -1.97% 1620 End-of-day quote.-2.23%
MITSUBISHI MOTORS CORPORATION -1.66% 237 End-of-day quote.9.22%
NIKKEI 225 -0.44% 28631.45 Real-time Quote.4.78%
SEVEN & I HOLDINGS CO., LTD. 0.36% 3950 End-of-day quote.7.95%
TAKASHIMAYA COMPANY, LIMITED 0.32% 940 End-of-day quote.6.21%
TAKEDA PHARMACEUTICAL COMPANY LIMITED -0.11% 3587 End-of-day quote.-4.47%
All news about NIKKEI 225
03:29pStocks, oil fall on weak data, earnings
RE
09:20aWall Street Set to Open in Red Territory as China Grapples With New Virus Out..
MT
04:03aJapan Consumer Prices Slip Slightly in December, Down 1.2% Year-Over-Year
MT
03:59aU.S. Stock Futures Slip After Fresh Records
DJ
03:34aHong Kong stocks fall as China's composite index slips when global rally paus..
RE
03:00aJapanese Shares Close Lower Amid Weak Cues from Asian Peers
MT
02:43aNIKKEI 225 : Japanese Shares See Weak Trading Session as COVID-19 Cases Rise
MT
02:39aChina composite stock index slips, blue-chips rise as global rally pauses
RE
01:33aNikkei slips from 30-year peak as focus shifts to corporate earnings
RE
01:27aAsian markets falter from stimulus-driven record highs
RE
More news
News of the index components NIKKEI 225
01:34pTOYOTA MOTOR : Shareholders & Investors News
PU
09:40aMITSUBISHI HEAVY INDUSTRIES : Shell, Mitsubishi Heavy Industries, Vattenfall and..
AQ
08:46aMARUBENI CORPORATION : - Establishment of a New Subsidiary DOLBIX CONSULTING Inc..
AQ
08:46aKPMG UK advises Octopus Energy Group on landmark Asian partnership
AQ
08:26aGlobalWafers raises takeover bid for Siltronic to $5.1 billion
RE
07:27aNIPPON STEEL : Japan's 2020 crude steel output drops 16% amid COVID-19 crisis
RE
07:27aHamburg plans green hydrogen plant with Shell, Mitsubishi, Vattenfall
RE
More news
Chart NIKKEI 225
Duration : Period :
Nikkei 225 Technical Analysis Chart | N225 | JP9010C00002 | MarketScreener
Technical analysis trends NIKKEI 225
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Heatmap :