Market Outlook- 10 June 2021
The Nikkei 225 index is slightly higher on The Bank of Japan said on Thursday that Thursday, halting a two-day losing streak, with the producer prices in Japan increased by 0.7 percent benchmark Nikkei 225 index barely below the month over month in May. This was down from 0.9 29,000 mark, despite poor overnight Wall Street percent in April and beat estimates of a 0.5 indications.Traders are concerned, however, when percent growth. the Japanese government prolonged the COVID- 19 state of emergency to control the virus's Producer prices rose 4.9 percent year over year, spread, despite the fact that daily infection rates exceeding expectations of 4.5 percent and have been slowly falling since mid-May. improving on the previous month's upwardly revised 3.8 percent gain. Producer price inflation After hitting a high of 29,007.53 earlier, the Nikkei increased for the third month in a row, reaching its 225 Index is up 127.60 points, or 0.44 percent, to highest level since September 2008. 28,988.40. On Wednesday, Japanese stocks finished slightly lower. Last month, export prices grew 1.0 percent month SoftBank Group is down 0.5 percent, while Fast over month and 11.0 percent year over year, Retailing, the parent company of Uniqlo, is down according to the bank, while import prices jumped 0.1 percent. Toyota and Honda are both down 0.2 percent, while Mazda is down nearly 2 percent. 2.2 percent month over month and 25.4 percent year over year. Advantest is up more than 1%, Screen Holdings is up over 2%, and Tokyo Electron is up almost 3% in the tech sector.
Top Gainers Top Losers
Company Last Price Change% Company Last Price Change%
Shionogi & Co. Ltd. ¥ 5,897 4.43% Eisai Co. Ltd. ¥ 9,955 -7.45%
J. Front Retailing Co. Nippon Yusen K.K. ¥ 5,110 3.65% ¥ 1,149 -3.69% Ltd.
Sumitomo Dainippon NH Foods Ltd. ¥ 4,395 -2.87% ¥ 2,340 3.49% Pharma Co. Ltd. Konica Minolta Inc. ¥ 641 -2.74% Terumo Corp. ¥ 4,477 3.09% Nippon Express Co. Toto Ltd. ¥ 6,000 3.09% ¥ 8,830 -2.00% Ltd. Market Outlook- 10 June 2021
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