Japanese Nikkei 225 Reached a record level on a second session on Tuesday, encouraged by the growth of the Technology Sector on Wall Street after the great deal between Openai and AMD – which is considered one of the most prolonged challenges of the chips of Nvidia.
Shares of chips were among the biggest players on the index. Advantesta shares increased by more than 4%, while Tokyo Electron added 2%. LASERTEC rose 1.35%, and Renesas Electronics by 4.85%.
Nikkei 225 Reached a new peak on Monday after the Japanese ruling Liberal-Democratic Party chose a firm conservative Sanae Takaichi for his new leader, positioning her to become the country’s first prime minister.
Meanwhile, the Topix index increased by 0.31%. The yields of Japanese government bonds have risen to record values on Tuesday. The yield of 10-year Japanese yen rose by 2 base points to 1.694% and reached the highest level of July 2008, while 20-year-old Japan added almost 4 a level of 1999. YEAR’S YEAR MADE THAN 4 BATH POUNDES AT 3,333%, which is a record of all time.
One base point is equal to 0.01%, and yields move inversely proportional prices, seebiz.
Japanese yen weakened 0.11% to 150.49 compared to the dollar, falling fourth session in a row. The currency fell by almost 2% in the previous session.
Australian ASX / S & P 200 fell by 0.27%, extending losses from the previous session.
Chinese, Hong Kong and South Korean market is closed due to holidays.
