The benchmark Nikkei 225 index added 1.67 percent or 496.57 points at 30,168.27, while the broader Topix index gained 1.22 percent or 23.16 points to 1,926.23 ...Bargain hunting lifted the Nikkei particularly in the morning session, before the index became trapped in a narrow band in the afternoon trade, said Okasan Online Securities.
Why Japan really is the trade of the decade ...Japanese equities, we said, would be the “trade of the decade” ... The Nikkei 225 traded on a average price-to-book (p/b) value of about one ... The Nikkei is up around 200% since. That hasn’t made it the trade of the decade.
Investors stand in front of an electronic board showing stock information on the first trading day after the week-long Lunar New Year holiday at a brokerage house in Shanghai...Australia's S&P/ASX 200 rose 0.90% in early trade while Japan's Nikkei 225 added 1.37%.
Amid the fast-changing geopolitics, India is pushing to bolster its economic presence in the Russian Far East to counterbalance Beijing's influence, reported Nikkei Asia... In 2019, the country accounted for over 70 per cent of all direct foreign investment in the region and 28.2 per cent of its foreign trade, reported Nikkei Asia.
Chinese blue chips fell 3% and the Hang Seng headed for its sharpest daily fall in nine months with a 3.4% drop that was further stoked by a rise in stock-trading stamp duty. Japan’s Nikkei fell 1% and mining shares dragged Australia’s ASX 200 down by 0.9% ...Nasdaq 100 futures were down 1% late in Asia trade.
Losers outpaced gainers by 294 to 196 on trade of 2.52 billion shares worth $1.81 billion ... Axi chief global markets strategist Stephen Innes noted the Hang Seng Index fell 3 per cent after Hong Kong announced its first stamp duty hike on stock trades since 1993.
Stephen Innes, chief global markets strategist at Axi, noted that the Hang Seng Index plunged 3 per cent after Hong Kong announced its first stamp-duty increase on stock trades since 1993. This sparked a broad Asia market sell-off, with Japan's Nikkei 225 down 1.61 per cent, ...