Today's stock outlook = rebound, profit-making sales after a round of buying due to the trend of rising US stocks
July 29, 2024 8:18 AM
[Tokyo 29th Reuters] - The Nikkei Stock Average is expected to rebound in today's Tokyo Stock Market. It has taken over the solid trend of the US stock market from the previous weekend, and it is expected that buying will take precedence mainly in high-tech stocks such as semiconductor-related stocks, which have been weak recently. The Nikkei Average is expected to rebound for the first time in 9 business days. After a round of buying, it seems that profit-taking sales will gradually expand ahead of important events such as financial results announcements of major companies and the Bank of Japan's monetary policy meetings.
The forecast range for the Nikkei Average is 37,800 yen to 38,300 yen.
[Tokyo 29th Reuters] - The Nikkei Stock Average is expected to rebound in today's Tokyo Stock Market. It has taken over the solid trend of the US stock market from the previous weekend, and it is expected that buying will take precedence mainly in high-tech stocks such as semiconductor-related stocks, which have been weak recently. The Nikkei Average is expected to rebound for the first time in 9 business days. After a round of buying, it seems that profit-taking sales will gradually expand ahead of important events such as financial results announcements of major companies and the Bank of Japan's monetary policy meetings.
The forecast range for the Nikkei Average is 37,800 yen to 38,300 yen.
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