[Market Eye] Stocks: The Nikkei Average continued to rise in the previous market, supported by strong US stocks, sluggish growth due to weak semiconductor stocks
July 17, 2024 12:02 PM GMT+9 (some excerpts)
The Nikkei Average continues to rise in the front, and growth is sluggish due to weak semiconductor stocks supported by strong US stocks
The Nikkei Average continued to rise to 41,307 yen 36 yen, 32 yen 28 yen higher than the previous business day in the Tokyo stock market. It was supported by the fact that the three major stock indices rose in the US market, and 30 types of Dow Jones Industrial Shares hit their highest prices every day. Meanwhile, semiconductor-related stocks were generally weak, holding back the upper value of the index.
The Nikkei Average rose by 141 yen and came close. A wide range of products were searched, mainly value stocks, and the “Trump Trade,” which incorporates the superiority of former President Trump in the US presidential election, continued in part, and defence-related matters such as Mitsubishi Heavy Industries were solid.
The Nikkei Average continued to rise to 41,307 yen 36 yen, 32 yen 28 yen higher than the previous business day in the Tokyo stock market. It was supported by the fact that the three major stock indices rose in the US market, and 30 types of Dow Jones Industrial Shares hit their highest prices every day. Meanwhile, semiconductor-related stocks were generally weak, holding back the upper value of the index.
The Nikkei Average rose by 141 yen and came close. A wide range of products were searched, mainly value stocks, and the “Trump Trade,” which incorporates the superiority of former President Trump in the US presidential election, continued in part, and defence-related matters such as Mitsubishi Heavy Industries were solid.
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