October 01, 2024 04:05 GMT
ASIA: Japanese Equities Higher, Semiconductors Leading The Way
ASIA
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- Japanese equities are ticking higher post lunch, tech stocks particularly semiconductor names are the top performing sector with the likes of Tokyo Electron +3.2% & Disco Corp +4.30%, exporters are also trading well while Consumer Staples & Discretionary stocks are lagging today.
- Stocks are higher after the yen weakened following dovish comments that came out of the BoJ Summary Of Opinions.
- The market remains somewhat cautious after headlines that Israel has begun “targeted ground raids” in Lebanon, although so far markets have been steady with oil little changed today.
- TOPIX +1.65% while the Nikkei 225 +1.90%.
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