iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Japan Stocks gain on weaker yen

1 Jun 2022 , 04:16 PM

Japan share market finished session higher on Wednesday, 01 June 2022, with investors sentiment brightened by the yens weakening against the greenback and the easing of Covid-19 restrictions in China. At closing bell, the 225-issue Nikkei Stock Average advanced 178.09 points, or 0.65%, to 27,457.89. The broader Topix index of all First Section issues on the Tokyo Stock Exchange gained 25.97 points, or 1.36%, to 1,938.64. Total 28 of 33 TOPIX sectors ended the session green, with Transportation Equipment (up 3.6%), Fishery, Agriculture & Forestry (up 3.4%), Marine Transportation (up 2.7%), Textiles & Apparels (up 2.4%), and Machinery (up 2.3%), and Banks (up 2.3%) issues enjoyed the largest percentage gains. Shares of exporters gained on the back of a weaker yen. Nissan Motor soared 7.8%, while Honda Motor surged 4.3% and Toyota Motor added 3.5%. Shares of travel-related issues jumped after the Japanese government doubled the cap on the number of people allowed to enter the country to 20,000 from Wednesday, as part of its gradual easing of Covid-19 border controls. ANA Holdings and its rival Japan Airlines climbed over 1%. Among individual shares, Subaru advanced 4.5%, after the automaker said that its worldwide output grew 63.3% in April from a year earlier, the first rise in three months. CURRENCY NEWS: The dollar fetched 128.80 yen in Asian trade, against 128.72 yen in New York late Tuesday.Powered by Capital Market – Live News

Related Tags

  • capital market
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More
Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.