Japan Market Outlook- 4 August 2021
Japan Market Outlook - 4 August 2021 The Japanese stock market is notably lower on Tuesday, On Tuesday, the US dollar is trading in the lower 109 giving up some of the previous session's sharp gains, with yen region in the currency market. the benchmark Nikkei index just above the 27,500 marks, as traders are spooked after more prefectures declared a The main exporters are mostly down, with Sony down state of emergency until the end of the month amid a over 1%, Panasonic down almost 1%, and Mitsubishi surge in the coronavirus's delta variant infections. Electric down 0.5 percent, while Canon is up over 1%. After touching a low of 27,492.40 earlier, the Nikkei 225 Consumer prices in the Tokyo region fell 0.1 percent Index is down 239.51 points, or 0.86 percent, to year over year in July, according to economic data. 27,541.51. On Monday, Japanese stocks finished significantly higher. The core CPI, which excludes volatile food prices, increased by 0.1 percent on an annual basis, beating SoftBank Group has lost nearly 1% of its value, while forecasts for a flat figure that would have remained Uniqlo operator Fast Retailing has lost more than 1%. constant. Honda has lost about 1% of its market value, while Toyota has remained unchanged. Overall inflation increased by 0.1 percent in a seasonally adjusted monthly basis, while core CPI increased by 0.3 In the technology sector, Advantest is up more than 1% percent. and Screen Holdings is up almost 1%, while Tokyo Electron is down 0.4 percent.
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