Japan's record share market rally earlier this year is now a distant memory as foreign investors sell off stocks amid a sluggish economy. Despite this, Tokyo's Nikkei Average has shown resilience, with the index unofficially closing up 0.54% at 38,804.65 on June 24, 2024. Additionally, Nikkei futures rose by 0.08%, and the index extended its gains to 1.01%, reaching 39,195.05 on June 25, 2024. The Nikkei also managed to shake off a chip slump as value shares rallied.
⚠️ JAPAN'S NIKKEI SHARE AVERAGE EXTENDS GAINS; LAST UP 1.01% AT 39,195.05
Japan’s Nikkei Shakes Off Chip Slump as Value Shares Rally https://t.co/luHJ2N6vNA
JAPAN'S NIKKEI AVERAGE FUTURES UP 0.08%
Global investors shifting away from Japanese stocks recently highlighted recently by @business reporter @winnieuu0316. We had started to see this shift in our tech a few months ago after record long positioning earlier in the year. https://t.co/kqRIxFKu7l https://t.co/F5eeSN27SG
⚠️ TOKYO'S NIKKEI AVERAGE .N225 UNOFFICIALLY CLOSES UP 0.54% AT 38,804.65
Japan’s record share market rally earlier this year is looking like a distant memory as foreign investors sell off stocks in a sluggish economy. https://t.co/ChC6Cekf4L