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Indonesia News Portal for Traders | Financial & Business Updates

4 December 2024 14:13  |

The Nikkei 225 Index inched up 0.07% to close at 39,276

The Nikkei 225 Index inched up 0.07% to close at 39,276, while the broader Topix Index fell 0.47% to 2,741 on Wednesday, trimming gains from the previous session as caution gripped the market following political turmoil in South Korea. South Korean President Yoon Suk Yeol unexpectedly declared martial law late Tuesday, citing efforts to prevent opposition parties from disrupting the parliamentary process. However, he reversed the decision after the National Assembly voted against the measure. In Japan, investors remained focused on the outlook for monetary policy, with markets remaining split on the timing of the next Bank of Japan interest rate hike. Technology stocks mostly declined, with notable losses from Disco (-1%), Lasertec (-2.9%), and SoftBank Group (-1.7%). Meanwhile, gains were seen from index heavyweights such as Mitsubishi Heavy Industries (4.8%), Nintendo (2.7%) and Fast Retailing (2.4%).(Cay)

Source: Trading Economi

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