Nikkei Rises 0.7%, Led by Tech, Real-Estate Stocks
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 07 2024
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Source: WSJ
Japanese Stock Market Update: Japanese stocks are rising, driven by gains in tech and real-estate sectors, as concerns about funding costs diminish following the Fed's rate cut. The Nikkei Stock Average is up 0.7% at 39647.54.
Earnings Focus: Investors are awaiting earnings reports from Kawasaki Heavy Industries and Eisai, while Nissan Motor shares have dropped 8.6% due to a net loss and restructuring announcement.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
