Global Market: Japan's Nikkei rises on Advantest forecast; Samsung slump caps gains
60-Word AI Digest
Japan’s Nikkei rose 0.3%, supported by Advantest’s 5.4% rally after it raised its full-year operating profit forecast by 14%. However, declines in technology stocks and an 8.7% fall in Hitachi limited gains. Investors remained cautious ahead of Japan’s earnings season and the Bank of Japan’s policy decision.
Key Takeaways
- Japan’s Nikkei rose 0.3%, supported by Advantest’s 5.4% rally after it raised its full-year operating profit forecast by 14%.
- However, declines in technology stocks and an 8.7% fall in Hitachi limited gains.
- Investors remained cautious ahead of Japan’s earnings season and the Bank of Japan’s policy decision.
Japan’s Nikkei rose 0.3%, supported by Advantest’s 5.4% rally after it raised its full-year operating profit forecast by 14%. However, declines in technology stocks and an 8.7% fall in Hitachi limited gains. Investors remained cautious ahead of Japan’s earnings season and the Bank of Japan’s policy decision.
Original Publisher Attribution
This summary was curated from Economic Times.