Tag - topix

 
 

TOPIX

An electronic board displaying Topix and the yen exchange rate against the U.S. dollar outside a brokerage in Tokyo on Tuesday.
BUSINESS
Aug 9, 2024
Tokyo’s Monday stock crash an afterthought by Friday
Concern remained, and the search for a coherent explanation as to why Tokyo stocks crashed and shook investors globally was ongoing.
Bears think the best days for bank shares may be over, but for investors who are worried the yen may have further room to gain, bank shares have the additional benefit of having limited exposure to foreign-exchange fluctuations.
BUSINESS / Markets
Aug 7, 2024
Massive losses set stage for big rebound in Japan’s bank stocks
In the first three days of August, the Topix Banks index lost 26.5%, more than the 20.3% fall in the broader Topix index.
An electronic stock board displaying the Nikkei 225-issue Nikkei average outside a securities firm in Tokyo on Tuesday.
BUSINESS / Markets
Aug 6, 2024
Tokyo stocks rebound 10% following Monday’s mad rout
The yen, which had strengthened to the ¥141 mark on Monday from almost ¥162 just weeks earlier, was trading around ¥145 to the dollar on Tuesday.
The 225-issue Nikkei stock average dropped more than 4,000 points on Monday.
BUSINESS / Markets
Aug 5, 2024
Nikkei plunges by 12% as it registers largest-ever point fall
The drop exceeds the point fall recorded Oct. 20, 1987, the day after Black Monday in New York.
The Nikkei stock index saw the biggest plunge in eight years Friday following the Bank of Japan's rate hike earlier in the week.
BUSINESS / Markets / FOCUS
Aug 4, 2024
Investors take long-term view as rate hike whipsaws Japan
As the country normalizes after years of negative interest rates, corporate pricing power and higher pay for workers may spur economic growth, analysts say.
The Nikkei stock average hit another record high on Thursday, rising above the 42,000 level for the first time.
BUSINESS / Markets
Jul 11, 2024
Japan's Nikkei average hits record high, topping 42,000 on Wall Street gains
The 225-issue average went on to secure a third consecutive record high close this week, after an overnight rally in U.S. stocks boosted investor sentiment.
An electronic board in Tokyo shows the Topix stock index on Thursday morning. The index ended the day at 2,898.47, a record high exceeding that set in December 1989.
BUSINESS / Markets
Jul 4, 2024
Japan's main stock indexes close at record highs
Shares of automakers, banks and technology firms led the gains on the emergence of a robust corporate outlook for the latter half of 2024.
Market participants project the pace of Japan’s stock market rally to slow in the second half of this year.
BUSINESS / Markets
Jun 30, 2024
Japan’s stock rally is forecast to slow in second half of 2024
The benchmark Topix index will climb about 2.9% by the end of the year, while the 225-issue Nikkei average will rise about 4.8%, according to projections.
JPX CEO Hiromi Yamaji says the number of companies in the Topix index will be reduced to about 1,200 in the next review of the index, in 2028.
BUSINESS / Markets
Jun 20, 2024
Japan’s Topix to include broader range of companies, but fewer of them
The Topix index currently includes more than 2,000 stocks, with at least ¥83 trillion ($526 billion) of assets were linked to the gauge as of last year.
Japanese companies are raising payouts to shareholders as the Tokyo Stock Exchange pressures firms to improve capital efficiency and valuations.
BUSINESS / Markets
May 15, 2024
Japan firms boost dividends and buybacks, aiding Topix amid TSE pressure
The moves come as the Tokyo Stock Exchange pressures companies to improve capital efficiency and valuations, and have spurred a rebound in the Topix index.
Light trails left by moving traffic in the Yeouido financial district of Seoul
BUSINESS / Markets
Feb 26, 2024
South Korea unveils corporate value-boosting plan to replicate Japan
The plan to push companies to improve management and corporate governance has disappointed due to a lack of enforcement and concrete details.
A slew of listed Japanese firms have logged solid earnings for the nine months ended in December including Toyota, which posted operating and net profits that reached the highest levels on record for a Japanese company.
BUSINESS / Companies
Feb 11, 2024
Major Japanese firms post higher earnings in April-December period
Of 786 component firms of the broad Topix index that had announced their April-December results as of Wednesday, 455 companies reported higher net profits.
The Nikkei stock average temporarily rose above the 36,000 mark in Tokyo trading Monday.
BUSINESS / Markets
Jan 15, 2024
Nikkei hits 34-year peak above 36,000 as shippers rally
The index finished the day nearly 1% higher at 35,901.73, after touching the highest since February 1990 at 36,008.23.
Monitors at a foreign exchange dealer show the Nikkei Stock Average rising above 35,000 during morning trading in Tokyo on Thursday.
BUSINESS / Markets
Jan 11, 2024
Nikkei breaches 35,000 for the first time in 34 years
Wall Street's tech-driven gains and a weakening of the yen give Japanese stocks a boost for third day in a row.
The Nikkei will rise to 37,750 and the benchmark Topix to 2,650 by the end of next year, suggesting another 12% to 15% of upside for the country’s stocks, according to a median estimate of analysts.
BUSINESS / Markets
Dec 14, 2023
Bears vanish as world-beating Japanese stocks set for more gains
The Nikkei and Topix are on track for the biggest increases of any major benchmark stock index globally this year.
Japanese stock markets have already rallied to around their highest since 1990, with consumer and financial stocks outperforming domestic indexes.
BUSINESS / Economy / ANALYSIS
Nov 21, 2023
Japan's inflation comeback prompts investors to tear up playbooks
Investors are tearing up their playbooks to focus on expected higher interest rates, more generous dividends and a revival in consumer spending.
A weak yen, ultraeasy monetary policy and hopes for stable inflation have helped push the Topix to its highest level since 1990.
BUSINESS / Markets
Sep 26, 2023
Japan’s stock boom to drive equity sales through 2024, BofA says
A weak yen, ultraeasy monetary policy and hopes for stable inflation have helped push the Topix to its highest level since 1990.
Actively managed exchange-trade funds are set to debut on the Tokyo Stock Exchange next week.
BUSINESS / Markets
Aug 31, 2023
Active ETFs cash in on corporate reform in Japan
Actively managed exchange-trade funds are set to launch in Tokyo next week.
Some strategists think that foreign investors, who had helped drive one of the world’s biggest rallies so far this year, may pose risks for Japan’s stock market in the second half.
BUSINESS / Markets
Aug 9, 2023
Global funds that drove Topix rally may now threaten Japan gains
A lack of bold policy measures by Prime Minister Fumio Kishida and China's economic slowdown are also seen as curbing the bullish trend.
A stock board at an intersection in Shanghai in October
BUSINESS / Markets
Aug 6, 2023
China is losing out as global funds chase returns in Japan stocks
Foreign buying of Japanese equities has exceeded that of Chinese peers for the first time since 2017, according to a Goldman Sachs Group report.

Longform

Sociologist Gracia Liu-Farrer argues that even though immigration doesn't figure into Japan's autobiography, it is more of a self-perception than a reality.
In search of the ‘Japanese dream’