Log in
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 

MarketScreener Homepage  >  Indexes  >  Nikkei 225    N225   JP9010C00002


SummaryMost relevantAll NewsNews of the index componentsMarketScreener Strategies

Japan shares rise as investors eye U.S. election results

11/03/2020 | 09:40pm EST

TOKYO, Nov 4 (Reuters) - Japanese shares rose on Wednesday as markets cautiously eyed the U.S. presidential election, with gains capped as early results showed tight race between President Donald Trump and Democratic challenger Joe Biden.

The benchmark Nikkei share average rose 1.42% to 23,626.38 by the midday break, after rallying more than 2% in early trade to its highest level since February.

The broader Topix gained 0.82% to 1,621.10.

Investors had initially priced in a possible Democratic sweep by Biden, which could ease political risk while promising a huge boost to fiscal stimulus.

But gains were capped as worries of a contested election returned on indications that Trump was narrowly leading Biden in the vital battleground state of Florida.

Other competitive swing states that will help decide the election outcome, such as Georgia and North Carolina, remained up in the air.

Japanese shares are taking cues from volatile U.S. stock futures, but with selling pressure high after a rally, any negative catalyst could hurt sentiment, a market participant said.

Leading gains among the top 30 core Topix were Daiichi Sankyo Co Ltd up 3.87%, followed by Recruit Holdings Co Ltd. The underperformers among the Topix 30 were Nintendo Co Ltd down 2.05%, followed by SoftBank Group Corp losing 1.33%.

Among the largest percentage gainers in the index were Fujikura Ltd up 26.15%, followed by NTT Data Corp gaining 11.54% after both firms logged better-than-expected earnings results for the fiscal year ending March.

The largest percentage losses in the index were Japan Exchange Group Inc down 5.01%, followed by Nexon Co Ltd losing 2.59% and Z Holdings Corp down by 2.58%.

Elsewhere, the Mothers Index of start-up firm shares gained more than 2.8%, snapping its four consecutive sessions of losses. (Reporting by Eimi Yamamitsu and Tokyo markets team; Editing by Rashmi Aich)

© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
DAIICHI SANKYO COMPANY, LIMITED 0.22% 3609 End-of-day quote.2.09%
FUJIKURA LTD. -0.81% 490 End-of-day quote.3.16%
JAPAN EXCHANGE GROUP, INC. 2.66% 2704.5 End-of-day quote.2.52%
MITSUBISHI MATERIALS CORPORATION 0.47% 2338 End-of-day quote.7.74%
NEXON CO., LTD. -0.64% 3125 End-of-day quote.-1.73%
NIDEC CORPORATION 1.45% 14305 End-of-day quote.10.21%
NIKKEI 225 0.82% 28756.86 Real-time Quote.3.93%
NINTENDO CO., LTD. -3.03% 62760 End-of-day quote.-4.66%
NIPPON ELECTRIC GLASS CO., LTD. 0.67% 2264 End-of-day quote.0.35%
NTT DATA CORPORATION 0.54% 1500 End-of-day quote.6.31%
RECRUIT HOLDINGS CO., LTD. 1.84% 4650 End-of-day quote.7.61%
SOFTBANK GROUP CORP. 2.90% 8946 End-of-day quote.11.02%
YAMAHA CORPORATION -0.49% 6040 End-of-day quote.-0.49%
Z HOLDINGS CORPORATION 1.03% 689.3 End-of-day quote.10.39%
All news about NIKKEI 225
10:06aWALL STREET STOCK EXCHANGE : Stocks Waver After Jobless Claims Data
09:49aWALL STREET STOCK EXCHANGE : Stocks Edge Higher After Jobless Claims Data
09:27aStock Futures Pare Gains After Jobless Claims Data
04:05aGlobal Stocks Follow Wall Street Higher
03:18aAsian stocks hit record on Biden stimulus hopes
02:24aJapanese Shares Close With Gains Tracking Global Rally as Biden Starts Term a..
02:09aNIKKEI 225 : Japanese Shares Join Global Rally to Record Strong Gains
01:51aNIKKEI 225 : Bank of Japan Keeps Interest Rates Unchaged, Upgrades Fiscal Growth..
01/20China, Hong Kong stocks climb on stimulus hopes
01/20DENTSU : Makes 'No Official Comment' on Media Reports About Sale of Tokyo Headqu..
More news
News of the index components NIKKEI 225
02:01pEXCLUSIVE : Air taxi startup Joby explores deal to go public - sources
01:39pNISSAN MOTOR : to pause one UK production line on Friday due to COVID-19 supply ..
10:00aNIPPON SUISAN KAISHA : Virus outbreaks shut down 2 Alaska seafood processing pla..
09:50aToyota Motor Corp Becomes First User of Cerence's New Cloud Service in Japan
09:15aNITTO DENKO CORPORATION : quaterly earnings release
08:58aTAKEDA PHARMACEUTICAL : Clinical study begins in Japan for Moderna's COVID-19 va..
06:49aMIZUHO FINANCIAL : Fitch Assigns 'A-' Rating to Mizuho Markets Cayman LP's Guara..
More news
Chart NIKKEI 225
Duration : Period :
Nikkei 225 Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends NIKKEI 225
Short TermMid-TermLong Term
Heatmap :