[Thu, 29 Aug 2024 19:25:34 +0300]

TOKYO August 29. 2024 (Saba) -Japanese stocks stabilized at the end of trading on Thursday, despite a decline in the technology sector's performance due to the release of US Nvidia's business results.

The Tokyo Stock Exchange said that the Japanese Nikkei index, which includes 225 issues, ended today's session with a marginal decline of 0.02 percent, or 9.23 points, to reach 38,362.53 points. The broader Topix index also fell by 0.03 percent, or 0.90 points, to close at 2,693.02 points.

Shares of chipmaker Tokyo Electron fell 1.76 percent, or 460 yen, to 25,730 yen, tech-focused SoftBank Group Corp fell 2.40 percent, or 200 yen, to 8,145 yen, while Advantest rose 0.3 percent, or 19 yen, to 6,400 yen. This came after U.S. chipmaker Nvidia reported better-than-expected second-quarter results but its full-year outlook fell short of investors' expectations.

Facebook

Whatsapp

Telegram

Email

Print

more of (Economy)

Yemen International Bank affirms continuation of professional Banking operations in compliance with international standards China divests from U.S. Treasuries in favor of Europe U.S. imposes port fees on ships manufactured in China Muscat Stock Exchange Index Closes Higher Washington threatens to raise tariffs on Chinese goods to 245 percent China’s Ministry of Commerce: United States Is Weaponizing Tariffs U.S.-China Tariff War: Where Is It Heading? Chinese President: "Trade wars undermine trade system & destroy global economy" Nigeria signs mineral agreement with South Africa Chinese delegation visits Brazil to discuss rail link to Peru's port