Japan's Nikkei hits two-week high as tech shares track Nasdaq's record high
TOKYO, Oct 30 (Reuters) -Japan's Nikkei share average touched a two-week high on Wednesday, as technology stocks tracked Nasdaq's record closing high overnight.
The Nikkei .N225 was up 1.25% at 39,390.49 by the midday break, its highest level since Oct. 15.
The broader Topix .TOPX rose 1.13% to 2,712.26.
"There were not any strong market-moving cues and the momentum is not strong," said Fumio Matsumoto, chief strategist at Okasan Securities.
"Investors just bought back stocks that were sold last week for fears of political turmoil. Local equities had fallen despite a weaker yen."
The prospect that Japan's Liberal Democratic Party and its ruling coalition partner may lose their majority in the lower house of parliament pushed the Nikkei down 2.7% last week.
Overnight, the Nasdaq scored a record closing high and the S&P 500 rose on Tuesday, while the Dow fell as investors digested a host of corporate earnings and awaited Google-parent Alphabet's GOOGL.O results that came after the market close. .N
In Japan, chip-related shares rose, with Disco 6146.T surging 12.4% and Lasertec 6920.T up 5.17%.
Chip-testing equipment maker Advantest 6857.T rose 2.62% to provide the biggest boost to the Nikkei. Chip-making equipment maker Tokyo Electron 8035.T rose 1.19%.
Technology investor SoftBank Group 9984.T rose 2.84%.
Hino Motors 7205.T tanked 12.36% and was the biggest loser on the Nikkei. The truck maker flagged an annual net loss as it posted a 230 billion yen ($1.5 billion) extraordinary loss.
Drugmaker Chugai Pharmaceutical 4519.T lost 3.27% to weigh on the Nikkei the most. Home interior goods retailer Nitori Holdings 9843.T fell 1.23%.
Komatsu 6301.T lost 2.16% even as the construction equipment maker raised its annual operating profit forecast.
Of the 225 Nikkei components, 191 stocks rose and 34 fell.
($1 = 153.3300 yen)
Reporting by Junko Fujita; Editing by Rashmi Aich
免责声明: XM Group仅提供在线交易平台的执行服务和访问权限，并允许个人查看和/或使用网站或网站所提供的内容，但无意进行任何更改或扩展，也不会更改或扩展其服务和访问权限。所有访问和使用权限，将受下列条款与条例约束：(i) 条款与条例；(ii) 风险提示；以及(iii) 完整免责声明。请注意，网站所提供的所有讯息，仅限一般资讯用途。此外，XM所有在线交易平台的内容并不构成，也不能被用于任何未经授权的金融市场交易邀约和/或邀请。金融市场交易对于您的投资资本含有重大风险。
所有在线交易平台所发布的资料，仅适用于教育/资讯类用途，不包含也不应被视为用于金融、投资税或交易相关咨询和建议，或是交易价格纪录，或是任何金融商品或非应邀途径的金融相关优惠的交易邀约或邀请。
本网站上由XM和第三方供应商所提供的所有内容，包括意见、新闻、研究、分析、价格、其他资讯和第三方网站链接，皆保持不变，并作为一般市场评论所提供，而非投资性建议。所有在线交易平台所发布的资料，仅适用于教育/资讯类用途，不包含也不应被视为适用于金融、投资税或交易相关咨询和建议，或是交易价格纪录，或是任何金融商品或非应邀途径的金融相关优惠的交易邀约或邀请。请确保您已阅读并完全理解，XM非独立投资研究提示和风险提示相关资讯，更多详情请点击 这里。
