Japanese Stocks May Rise on Economic Stimulus Hopes
Deep News
Yesterday
Japanese stock markets are poised for gains as expectations for economic measures from Prime Minister Sanae Takaichi persist following her ruling party's decisive election victory. Nikkei index futures opened at 58,130 points on the Singapore Exchange, up 110 points from Wednesday and 495 points from Tuesday. Japanese markets were closed on Wednesday for a national holiday. The U.S. dollar traded at 153.10 yen, compared to 155.38 yen at the close of Tuesday's Tokyo session. Corporate earnings are in focus, with Kubota and Kokusai Electric scheduled to report results later on Thursday. The Nikkei index rose 2.3% on Tuesday to close at 57,650.54 points.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.