Close
x
  • SMC open account icon Open an A/C
    • Open an A/C
    • CHOOSE YOUR OPTION(S)
    • Trading A/c
    • Mutual Fund A/c
    • NBFC A/c
    • NPS A/c

Budget News

  • Japan Nikkei tumbles to 8-weeks low
  • November 30,2021  14:02
  • Japan shares closed lower for third straight session on Tuesday, 30 November 2021, dragging the benchmark Nikkei225 index to eight weeks low, amid lingering fears over the variant's potential impact on the global economic recovery from the coronavirus pandemic, especially as many aspects of the newly-discovered strain remain unknown. Meanwhile, selloff was also fuelled on stronger yen against the dollar and Moderna's chief executive officer expects existing vaccines to be less effective against the new Omicron variant.

    At closing bell, the 225-issue Nikkei Stock Average dropped 462.16 points, or 1.63%, to 27,821.76, its lowest closing level since 07 October 2021. The broader Topix index of all First Section issues on the Tokyo Stock Exchange fell 20.13 points, or 1.03%, to 1,928.35.

    Shares of leisure-related companies continued declining due to concerns about possible fall in travel demand due to the new coronavirus variant. Travel agency H.I.S. dropped 1.5% while Tokyo Disney Resort operator Oriental Land fell 0.3%.

    Export related shares were lower as the yen strengthened against the U.S. dollar. Nissan Motor lost 5.2% while Mitsubishi Motors dropped 4.4% and Toyota fell 0.6%.

    Shares of land transportation issues rebounded as investors opted buying on dips following sharp falls. East Japan Railway added 1.9%, Odakyu Electric Railway Co. climbed 2.7%, and Tobu Railway gained 0.7%.

    ECONOMC NEWS: Japan Industrial Output Gains 1.1% On Month In October- Japan industrial output gained a seasonally adjusted 1.1 percent on month in October, the Ministry of Economy, Trade and Industry said on Tuesday, following the 5.4 percent decline in September. On a yearly basis, industrial production retreated 4.7 percent after sinking 2.3 percent in the previous month. Upon the release of the data, the METI adjusted its monthly assessment of industrial production to that it is pausing.

    Meanwhile, Japan's unemployment rate came in at a seasonally adjusted 2.7% in October, unchanged from the September reading, according to latest data released from the Ministry of Internal Affairs and Communications on Tuesday. The participation rate was 62.0%, down from 62.3% a month earlier.

    CURRENCY NEWS: Japanese yen appreciated to lower 113 range against greenback on Tuesday, as demand for safe-haven currency resumed on worries over the new COVID-19 strain, which has been detected in several countries. The Japanese yen, often seen as a safe-haven currency, strengthened to 113.10 per dollar as compared with levels around 113.9 seen earlier against the greenback.

    Powered by Capital Market - Live News

Top News
Economy News

Follow us:

  • fb icon
  • Twitter icon
  • Linkedin
  • you tube

Disclaimer: Investment in securities and commodities market are subject to market risks, read all the related documents carefully before investing. SMC Global Securities Ltd. (CIN : U67120DL1997PLC188881): NSE INB/ INF/INE 230771431, BSE INB/INF 011343937, MSEI INB/INF 260771432, CDSL/NSDL-IN-DP-130-2015, SMC Research Analyst Registration- INH 100001849 I SMC Global Securities Ltd.: NCDEX/MCX (8200)/ NMCE/ICEX-INZ000035839 I SMC Global Securities Ltd.: PMS INP000003435 I SMC Insurance Brokers Pvt. Ltd., IRDAI Regi: No: DB 272/04, License No. 289 Valid from 28-01-2020 to 27-01-2023 I Registered Office: 11/6B, Shanti Chamber, Pusa Road, New Delhi-110005, Tel.: (011) 30111000. For any complaints email – igc@smcindiaonline.com, website: www.smctradeonline.com

The Stock Exchange, Mumbai is not in any manner answerable, responsible or liable to any person or persons for any acts of omission or commission, errors, mistakes and/or violation, actual or perceived, by us or our partners, agents, associates etc., of any of the Rules, Regulations, Bye-laws of the Stock Exchange, Mumbai, SEBI Act or any other laws in force from time to time.

The Stock Exchange, Mumbai is not answerable, responsible or liable for any information on this Website or for any services rendered by our employees, our servants, and us.
By submitting your details to SMC, you are authorizing us to send promotional communication through Call/Email/SMS/Whatsapp even though you may be registered under DND.

Insurance is the subject matter of solicitation • All insurance products sold through SMC Insurance Brokers Pvt. Ltd. • Investment Banking Services provided by SMC Capitals Ltd. • Equity PMS and Wealth management services provided by SMC Global Securities Ltd. • IPOs and Mutual Funds distribution services are provided by SMC Global Securities Ltd. • Financing Services provided by Moneywise Financial Services Pvt Ltd. • Commodity broking services provided by SMC Global Securities Ltd. • Real Estate Advisory services are offered through SMC Real Estate Advisors Pvt. Ltd.

OUR OTHER WEBSITES Go
IMPORTANT LINKS Go
QUICK LINKS
Go

Toll-free : 1800-11-0909
Email: contact@smctradeonline.com

Sitemap
Plus Minus 
Copyright ©2016 SMC. All Rights Reserved | Disclaimer | Privacy Policy | RMS Policy | Copyright| Testimonials| Sitemap| Grievance| design agency: triverse| Powered by C-MOTS Infotech (ISO 9001:2015 certified)

Open my trading account now!  X 

* All fields are compulsory