moomoo ID:NaN
Log Out
Log in to access Online Inquiry

Nikkei 225 Falls 0.4% on Pandemic, Central Bank Outlooks

MT Newswires ·  {{timeTz}}

05:49 AM EDT, 08/31/2022 (MT Newswires) -- The Nikkei 255 opened lower Wednesday and could not recover, finishing off 0.4% as traders weighed ongoing anti-pandemic lockdowns in mainland China and the outlook for tighter monetary policies from the US Federal Reserve and the European Central Bank.

The benchmark Nikkei 225 fell 104.05 to 28,091.53, as losing issues outnumbered gainers 137 to 78.

Leading the upside on a down day were Kansai Electric Railway (9009:Tokyo), up 3.7%, followed by department-store chain Isetan Mitsukoshi (IHMDF, 3099:Tokyo), up 3%, and then Mitsubishi Motors (MMTOF, 7211:Tokyo), also up 3%.

On the downside were oil driller Inpex (IPEXY, 1605:Tokyo), off 3.6%, and then integrated oil-giant ENEOS (JXHLY, 5020:Tokyo), off 3.1%.

In economic news, Japan's seasonally adjusted consumer confidence index posted at 32.5 in August, up from 30.2 in July, the Cabinet Office reported.

Retail sales in Japan grew 2.4% year-over-year in July, reported the Ministry of Economy, Trade, and Industry.

This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. Moomoo makes no representation or warranty as to its adequacy, completeness, accuracy or timeliness for any particular purpose of the above content.

Moomoo is a financial information and trading app offered by Moomoo Technologies Inc.
In the U.S., investment products and services available through the moomoo app are offered by Moomoo Financial Inc., a broker-dealer registered with the U.S. Securities and Exchange Commission (SEC) and a member of Financial Industry Regulatory Authority (FINRA)/Securities Investor Protection Corporation (SIPC).
In Singapore, investment products and services available through the moomoo app are offered through Moomoo Financial Singapore Pte. Ltd. regulated by the Monetary Authority of Singapore (MAS). Moomoo Financial Singapore Pte. Ltd. is a Capital Markets Services Licence (License No. CMS101000) holder with the Exempt Financial Adviser Status. This advertisement has not been reviewed by the Monetary Authority of Singapore.
In Australia, financial products and services available through the moomoo app are provided by Futu Securities (Australia) Ltd, an Australian Financial Services Licensee (AFSL No. 224663) regulated by the Australian Securities and Investment Commission (ASIC). Please read and understand our Financial Services Guide, Terms and Conditions, Privacy Policy and other disclosure documents which are available on our websites https://www.futuau.com and https://www.moomoo.com/au. Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd. and Futu Securities (Australia) Ltd are affiliated companies.