Japanese Stocks Struggle Amid Global Uncertainty
The Nikkei 225 and Topix indexes showed limited movement on Monday (12/9), as global political instability weighed on financial markets. The ongoing political crises in South Korea and France, along with the collapse of Syrian President Bashar al-Assad's regime, contributed to the uncertainty. Domestically, Japan's third-quarter economic growth was revised up, indicating the country's second straight quarter of expansion.
Investors now await business sentiment data later this week to further gauge the health of the economy. Significant declines were seen in index heavyweights such as Mitsubishi Heavy Industries (-1.4%), Advantest (-4.3%), and Tokyo Electron (-1.3%). However, gains were posted by SoftBank Group (2.1%), Rakuten Group (4.4%), and Nintendo (0.8%).
Source: Trading Economics
