Hi,
moomoo ID:NaN
Log Out
English
Back
Log in to access Online Inquiry

Nikkei 225 Trades Flat Ahead of Earnings Season and National Elections

MT Newswires ·  {{timeTz}}

06:12 AM EDT, 10/27/2021 (MT Newswires) -- The Nikkei 225 opened evenly Wednesday on Wall Street cues, drifted but finished flat as traders awaited pending earnings reports from major corporations, as well as the results of the national general election slated for the end of the month.

The benchmark Nikkei 225 declined 7.77, or 0.03%, to 29,098.24, although losing issues outnumbered gainers 144 to 72.

Leading the upside on a choppy day were tapes and vinyl producer Nitto Denko (NDEKY, 6988:Tokyo), up 7.3%, followed by Hitachi Construction Machinery (HTCMY, 6305:Tokyo), up 7.1%, and then seasonings and spice maker Ajinomoto (AJINY, 2802:Tokyo), up 3.8%.

On the downside were electrical equipment maker Fujikura (5803:Tokyo), off 8.3%, and then Tokyo Electric Power (TKECF, 9501:Tokyo), off 6.2%.

In other news, the Japanese government downgraded its overall assessment of regional economies amid global chip storage and supply chain disruptions affecting the auto industry, Kyodo News reported.

In a report, the Finance Ministry said economic recovery in Japan's 11 regions is "moderating" partly due to supply constraints, changing from the previous view in which it said they are "recovering although weakness is seen in some sectors," according to the news outlet.

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.