Archive · Business Recorder
Japan's Nikkei rebounds from sharp loss as chip-related shares rise
TOKYO: Japan’s Nikkei share average rebounded from the previous session’s sharp decline on Wednesday, as chip-related stocks rose, while declines of bank stocks weighed on the Topix. The Nikkei rose 0.61% to 68,193.13 by the midday break, after ending 1.8% lower on Tuesday. The broader Topix inched 0.05% lower to 4,108.8. “Technology stocks bounced back in the current session, but their gains were limited ahead of local firms’ earnings reports and the US midterm congressional elections,” said Shota Sando, equity analyst at Tokai Tokyo Intelligence Laboratory. Chip-related Advantest and Tokyo E...
ZAZTEK archives the headline, summary and publication date so the story stays findable. The full article remains the publisher's. Read it at Business Recorder →