Topix Index Rises 1%; Hitachi Leads Advance

Sep 24 2024, 07:36 The Topix Index opened 1% higher, climbing 26.44 to 2,668.79, as stocks gain for the fourth straight day in Tokyo. Hitachi Ltd. contributed the most to the index gain, increasing 3.2%. Japan Exchange Group Inc. had the largest increase, rising 4.3%. In early trading, 1,543 of 2,131 shares rose, while 419…

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Nikkei Down This Morning, Chip Stocks Hit by AI Pressure

The Japanese stock market opened lower after sentiment in technology stocks, particularly semiconductors, worsened. The trigger came from Broadcom’s disappointing sales outlook, coupled with reports that Oracle was delaying the completion of several data centers—aggravating market concerns about the magnitude of AI investments and the timing of their return. As a result, the Nikkei 225…

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