Tokyo on the rise in the wake of Wall Street


Tokyo (awp / afp) – The Tokyo Stock Exchange was up slightly on Friday morning, inspired by the good humor of Wall Street, encouraged the day before by the lower virulence of the Omicron variant and by generally positive American indicators.

The flagship Nikkei index gained 0.1% to 28,827.94 points around 01:00 GMT and the extended Topix index stagnated (-0.02%) at 1,989.02 points.

“Japanese stocks are supported by the rise of the New York Stock Exchange on Thursday against the backdrop of fears related to the Omicron variant,” said Toshiyuki Kanayama in a note from Monex.

Consumer prices in Japan (excluding fresh produce) also rose 0.5% in November year on year, mainly supported by rising energy prices, according to official data released Friday before the opening.

On the side of values

CYCLICAL VALUES ON THE RISE: the stocks of Japanese electronics companies specializing in semiconductors, whose performance is closely correlated with the economic situation, were in demand: Tokyo Electron gained 1.13% to 64,220 yen, Advantest 0.55% to 10,890 yen and Screen Holdings 1.57% to 12,250 yen.

On the currency side

The yen was stable against the dollar, at a rate of one dollar against 114.41 yen at around 1:00 a.m. GMT against 114.39 yen on Thursday at 9:00 p.m. GMT.

The Japanese currency did not change much against the euro, which was worth 129.57 yen against 129.58 yen the day before.

A euro was also traded for 1.1325 dollars, against 1.1327 dollars on Thursday.

mac / roc



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