Object reference not set to an instance of an object. Online Stock Broker - Stock Broking, Best Share Bazaar Brokers In India
  • About Us
  • Careers
  • Downloads
  • Refer & Earn
  • Contact Us
  • SMC open account icon Open an A/C
    • Open an A/C
    • Trading A/c
    • Mutual Fund A/c
    • NBFC A/c
    • NPS A/c

Budget News

  • Japan Stocks fall on profit taking
  • January 31,2023  15:01
  • Japan share market finished session lower on Tuesday, 31 January 2023, as investors opted to book profit made in the previous two sessions on following the broadly negative cues from Wall Street overnight and caution ahead of U.S. Federal Reserve and European Central Bank policy decisions.

    The U.S. Federal Reserve will reveal the outcome of its policy meeting Wednesday, while the European Central Bank is slated to announce its policy gathering results Thursday. Investors will be looking for clues about how much higher the central bank will take rates in the fight against inflation.

    The 225-issue Nikkei Stock Average index declined 106.29 points, or 0.39%, to finish at 27,327.11. The broader Topix index of all First Section issues on the Tokyo Stock Exchange declined 7.13 points, or 0.36%, to 1,975.27.

    Among individual stocks, Canon fell 1.8% to 2,893.0 yen after its earnings outlook for the current business year ending December released Monday, disappointed investors.

    Chubu Electric surged 8.6% to 1,398 yen on growing earnings optimism after Chubu Electric Power Co. said it is expecting a net profit of 50 billion yen in the year ending March due to falling energy costs.

    Nissan Motor advanced 2.1% to 463.3 yen after announcing that Renault SA will reduce its stake in the Japanese automaker through a trust company in a coordinated and orderly process, reassuring investors the share price will not tank.

    ECONOMIC NEWS: Japan Unemployment Rate Stable At 2.5% In December-The unemployment rate in Japan came in at a seasonally adjusted 2.5% in December, the Ministry of Internal Affairs and Communication said on Tuesday. That was in line with forecasts and unchanged from the November reading. The participation rate was 62.3%, missing forecasts for 62.4%, which would have been unchanged. The job-to-applicant ratio was 1.35. unchanged from the previous month but missing forecasts for 1.34.

    Japan's Industrial Production Falls 0.1% In December- Industrial production in Japan was down a seasonally adjusted 0.1% on month in December, the Ministry of Economy, Trade and Industry said on Tuesday. On a yearly basis, industrial production slumped 2.8%, missing forecasts for a fall of 2% following the 0.9% gain in the previous month. Industries that contributed to the decline included business-oriented machinery, iron and steel, and electrical machinery. These were offset by support from transport equipment, motor vehicles and production machinery. Shipments were down 0.7% on month and 3% on year, while inventories fell 0.5% on month and added 3.2% on year and the inventory ratio added 1.2% on month and 9.8% on year. According to the METI's forecast for industrial production, output is expected to be flat in January and up 4.1% in February.

    CURRENCY NEWS: The yen stood at 130.34 against US dollar, appreciated 0.1% from previous day close of 130.44, after trading in the range between 130.05-130.54, on the view that the Bank of Japan could further tweak its monetary policy.

    Powered by Capital Market - Live News

Top News
Economy News

Follow us:

  • fb icon
  • Twitter icon
  • Linkedin
  • you tube


SMC Global Securities Ltd: SEBI Reg. No. INZ000199438, Member: BSE (470), NSE (07714), MSEI (1002), NCDEX (00021) & MCX (8200). DP SEBI Regn. No. CDSL/NSDL-IN-DP-130-2015, SMC Research Analyst Registration- INH100001849 Mutual Funds Distributor ARN No. 29345. SMC Insurance Brokers Pvt. Ltd. IRDAI Regn. No: DB 272/04 License No. 289 Valid upto 27/01/2026. • Real Estate Advisory services are offered through SMC Real Estate Advisors Pvt. Ltd.

Registered Office:11/6B, Shanti Chamber, Pusa Road, Delhi-110005. CIN : L74899DL1994PLC063609 Tel +91-11-30111000 . For any complaints email – igc@smcindiaonline.com, website: www.smctradeonline.com Disclaimer: Investments in securities market are subject to market risks, read all the related documents carefully before investing. PMS is not offered in commodity derivative segment. Insurance is the subject matter of solicitation.


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

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