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Japanese stock market week's end review

Japanese stock market week's end review

The Nikkei Japan Index rose by 0.8% to reach 66,682.88 points, driven by technology stocks, particularly electronic chip companies such as Advantest and Toyo Electric, which increased by 2.1% and 1.5% respectively. Despite the modest gains due to concerns over inflation and uncertainties regarding signals from the Federal Reserve Chair, the index is on track for a weekly gain of 1%, while the Topix is heading for a weekly rise of 2.1%. This overall upward trend was influenced by a rally in US tech stocks, including the Philadelphia Semiconductor Index, which increased by 2.3%.

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