Japanese stocks are rising, with a weak yen boosting high-tech stocks. Banks and domestic-demand-related stocks are also performing well.
Last updated: September 10, 2024 11:09 JST (excerpt)
Tokyo stocks rose on the 10th. Technology stocks, such as semiconductor-related companies, are being bought due to the weak yen in the foreign exchange market. In addition to banks benefiting from the rising financial stocks in the United States, domestic-demand-related sectors such as transportation, services, and food are also performing well.
The Tokyo Stock Price Index (TOPIX) is currently 2598.97, a 0.7% increase from the previous day as of 10:56 am.
The Nikkei Stock Average is 36,433.34 yen, a 0.6% increase.
Although both indices initially declined in the morning, buying gradually spread amid a weakening yen exchange rate. Sony Group's stock rose 2.4% and contributed the most to the increase in TOPIX. Out of the 2,132 constituent stocks, 1,489 are rising and 522 are declining.
Tokyo stocks rose on the 10th. Technology stocks, such as semiconductor-related companies, are being bought due to the weak yen in the foreign exchange market. In addition to banks benefiting from the rising financial stocks in the United States, domestic-demand-related sectors such as transportation, services, and food are also performing well.
The Tokyo Stock Price Index (TOPIX) is currently 2598.97, a 0.7% increase from the previous day as of 10:56 am.
The Nikkei Stock Average is 36,433.34 yen, a 0.6% increase.
Although both indices initially declined in the morning, buying gradually spread amid a weakening yen exchange rate. Sony Group's stock rose 2.4% and contributed the most to the increase in TOPIX. Out of the 2,132 constituent stocks, 1,489 are rising and 522 are declining.
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