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Indonesia News Portal for Traders | Financial & Business Updates

6 November 2024 14:14  |

Nikkei 225 Closes Up 2.42%

The Nikkei 225 rose 1.3% to 39,000, while the broader Topix Index gained 0.9% to 2,690 on Wednesday, extending gains from the previous session and mirroring a rally on Wall Street. Investors are closely watching the US presidential election, with early results showing Donald Trump holding a strong lead with 95 electoral votes, while Kamala Harris has secured 35 so far.

On the domestic front, a private survey revealed that sentiment among Japanese manufacturers weakened in November, driven by concerns over weak Chinese demand and ongoing inflationary pressures. Investors now await the Bank of Japan’s minutes from its latest policy meeting for guidance on potential further interest rate hikes. Technology stocks led the market higher, with notable gains from Disco (+1.4%), Advantest (+4.5%), and Tokyo Electron (+1.3%). Heavyweight financial, consumer and industrial stocks also saw positive moves.

Source: Trading Economics

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