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.
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.