Saturday , April 1 2023

Nicky grows for chip-related stocks and soft bank recovery


On November 13, 2018, one will look at an electronic panel showing the Nikkei Index in Tokyo. Photo: Toro Haney – Reuters

TOKYO: Oil prices surged Monday after investors withdrew their stake in chip stocks from the financial meltdown.

Nikkei was up by 1.2721% to close at 2,821.16. The oil and technology stocks dropped 2.6 percent last week.

The Japanese market has been selling technology in terms of the weak results of the NFO and the investors are buying chip chips.

Tokyo Electric 3.6 per cent, Advertisers Corp 2.2 per cent, Sacred Holdings 3.7 per cent,

Soft bank's Heavyweight Group made 5.1 per cent gain as a result of investment in NVIDIA through Vision Fund.

Japan's manufacturing growth grew by 8.2 per cent in October. This was a bit lower than expected economists. Reuters polled a whopping 9 percent increase.

The banking sector index Index fell 1.9 per cent and Insurance 1.5 per cent. The board said that interest rates are not taxable as the US bond is on the decline. Money will expire soon.

The broader TOPIX index rose by 0.5 per cent to 1637.61.

Prepared by Hala Candle for Arabic publication – edited by Abdal Monim Dar

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