Japanese Stocks May Advance on Yen Weakness Fueling Earnings Optimism

Deep News

Feb 05

Japanese equities are poised for potential gains, as the depreciation of the yen has enhanced expectations for corporate profit growth. Technology-related stocks might underperform the broader market, following overnight weakness in Wall Street's tech sector. Nikkei index futures on the Singapore Exchange advanced 0.3% to 54,610 points. The U.S. dollar was quoted at 156.84 yen, compared to 156.27 yen at the close of Wednesday's Tokyo trading session. Investors are focusing on corporate earnings reports, with Sony Group and NTT Inc. scheduled to announce their results later on Thursday. The Nikkei index declined 0.8% on Wednesday, closing at 54,293.36 points.

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Technology-related stocks might underperform the broader market, following overnight weakness in Wall Street's tech sector. Nikkei index futures on the Singapore Exchange advanced 0.3% to 54,610 points. The U.S. dollar was quoted at 156.84 yen, compared to 156.27 yen at the close of Wednesday's Tokyo trading session. Investors are focusing on corporate earnings reports, with Sony Group and NTT Inc. scheduled to announce their results later on Thursday. The Nikkei index declined 0.8% on Wednesday, closing at 54,293.36 points.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FT_SY_JPY","symbol_name":"日元","start_time":0,"source_url":"","article_id":"1197502866","we_media_id":"1039043262","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1197502866","pubTimestamp":1770249622,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Deep News","introduction":"Global Stock Market Deep Analysis","home_visible":1,"id":"1039043262","head_image":"https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922"},"summary":"Japanese equities are poised for potential gains, as the depreciation of the yen has enhanced expectations for corporate profit growth. 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