Posts

Showing posts with the label Share Market,advantest,fast retailing,geopolitical risks,Japan nikkei,Middle East conflict,nintendo,tokyo stock exchange

Japan's Nikkei ends lower as uncertainties in Middle East conflict weigh

Image
[hfe_template id='11223'] [ad_1] Japan's Nikkei share average gave up early gains to end lower on Friday, as geopolitical risks surrounding the Middle East conflict weighed on sentiment. The Nikkei fell 0.22% to 38,403.23, after rising as much as 0.4% earlier in the session. The index rose 1.5% for the week. The broader Topix fell 0.75% to 2,771.26 but posted a 0.54% weekly gain. "With the absence of market-moving catalysts, uncertainties surrounding the Middle East tensions dragged investor sentiment," said Shoichi Arisawa, general manager of the investment research department at IwaiCosmo Securities. The White House said on Thursday that U.S. President Donald Trump will make a decision within the next two weeks whether to support Israel in its ongoing conflict with Iran. Live Events "On top of the uncertainties about the conflict in the region, the outlook of the U.S. tariff plans remains unclear," said Arisawa. Uniqlo-brand owner Fast Retai...