Log in
Show password
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 
  1. Homepage
  2. Indexes
  3. Nikkei 225
  4. News
  5. Summary
    N225   JP9010C00002


SummaryMost relevantAll NewsOther languagesNews of the index componentsMarketScreener Strategies

Japanese shares gain on cyclicals boost, selling in some heavyweights weighs

03/10/2021 | 10:13pm EDT

TOKYO, March 11 (Reuters) - Japanese shares inched higher on Thursday as investors picked up beaten-down cyclical stocks while cutting their positions in some index heavyweights.

The Nikkei index was up 0.49% at 29,179.43 by 0208 GMT, while the broader Topix edged up 0.27% to 1,924.83.

"Growth-related shares have helped the market, but a sell-off in index heavyweights has also weighed," said Koichi Kurose, chief strategist, Resona Asset Management.

The Nikkei had rallied to a 30-year high last month on expectations of an economic rebound and better-than expected corporate earnings.

On Thursday, chip-related shares fell, with Tokyo Electron declining 1.72% and Advantest losing 0.72%. Both the stocks weighed on the benchmark Nikkei index, along with medical equipment maker Terumo and drug maker Astellas Pharma, losing 1.24% to 2.31%.

Shipping firms jumped, making them the largest gainers on the Nikkei, with Kawasaki Kisen surging 9.11%, Mitsui OSK Lines gaining 8.35% and Nippon Yusen rising 6.67%.

The largest percentage losers on the index were Isuzu Motors , down 4.21%, followed by Alps Alpine, losing 2.83% and Bridgestone down 2.37%.

Among the top 30 core Topix names, Recruit Holdings , up 1.77%, and Mitsui & Co, which rose 1.26%, gained the most. The underperformers were Murata Manufacturing Co, down 3.56%, and Keyence that fell 2.89%.

There were 154 advancers on the Nikkei index against 67 decliners.

(Reporting by Junko Fujita in Tokyo; editing by Uttaresh.V)

© Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
ALPS ALPINE CO., LTD. 0.24% 1251 End-of-day quote.-7.88%
ASTELLAS PHARMA INC. 0.35% 1889 End-of-day quote.18.51%
BRIDGESTONE CORPORATION 0.13% 5322 End-of-day quote.57.27%
ISUZU MOTORS LIMITED 0.54% 1482 End-of-day quote.51.22%
KAWASAKI KISEN KAISHA, LTD. 4.24% 7620 End-of-day quote.260.80%
KEYENCE CORPORATION 0.71% 73600 End-of-day quote.26.90%
MITSUI & CO., LTD. -1.70% 2512 End-of-day quote.32.95%
MITSUI O.S.K. LINES, LTD. 3.15% 9500 End-of-day quote.201.59%
MURATA MANUFACTURING CO., LTD. -0.25% 10175 End-of-day quote.9.17%
NIKKEI 225 0.58% 30500.05 Real-time Quote.10.49%
NIPPON YUSEN KABUSHIKI KAISHA 2.88% 10350 End-of-day quote.330.89%
RECRUIT HOLDINGS CO., LTD. 1.40% 7050 End-of-day quote.63.16%
SYSMEX CORPORATION 2.37% 14930 End-of-day quote.20.40%
TERUMO CORPORATION 1.79% 5468 End-of-day quote.26.81%
TOKYO ELECTRON LIMITED 1.24% 55430 End-of-day quote.44.35%
All news about NIKKEI 225
09/17Wall Street Futures in Holding Pattern Ahead of Fed Meeting Next Week
09/17Asian Stock Markets Choppily Higher On Bargain-Hunting, Tech Gains, Softer Ye..
09/17Nikkei 225 Gains 0.6% on Wall Street Cues, Tech Issues, Softer Yen
09/17NIKKEI 225 : IHS Market Makes Biggest Cut in Global Light Vehicle Production For..
09/17Japanese shares post 4th weekly gain on catch-up trade, chipmakers boost
09/17SBI : Japan's SBI to fight Shinsei poison pill, reject bid delay -Nikkei
09/17NIKKEI 225 : Japanese Shares Close Moderately Higher After Top COVID Adviser Say..
09/17NIKKEI 225 : Japanese Economy Grows at Slower Pace as Private Consumption, Indus..
09/17SHINSEI BANK : to use poison-pill defense against SBI's $1.1 bln bid
09/17SOFTBANK : Vision Fund's sold Coupang shares for $1.69 bln - Nikkei
More news
News of the index components NIKKEI 225
09/17TOYOTA MOTOR : Hydrogen-powered Engine Corolla Takes on the Challenge of Transpo..
09/17RAKUTEN : Sports schedule for Sunday, Sept. 19
09/17TOPPAN : Develops New Barrier Coated Paper for Packaging | TOPPAN
09/17TOPPAN : to Present Latest Security Solutions at Luxe Pack Monaco | TOPPAN
09/17TREND MICRO INCORPORATED : This Week in Security News - September 17, 2021
09/17TDK : to showcase market-leading sensor technologies at Sensors Converge 2021
09/17TOYOTA MOTOR : Report Library
More news
Chart NIKKEI 225
Duration : Period :
Nikkei 225 Technical Analysis Chart | N225 | JP9010C00002 | MarketScreener
Technical analysis trends NIKKEI 225
Short TermMid-TermLong Term
Top / Flop NIKKEI 225
Heatmap :