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About: http://data.cimple.eu/news-article/7c5aaca28ca8f2a3204142d6e272cfb97d4ee762b9fc067db73da508 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	Tokyo's benchmark Nikkei index advanced more than 1.3 percent on Tuesday after US and European markets bounced back on optimism over post-lockdown economic activity. The Nikkei 225 index rose 1.33 percent, or 293.10 points, to close at 22,288.14 while the broader Topix index was up 0.62 percent, or 9.55 points, at 1,558.77. "Investors bought on dips following sizable declines the previous day," Toshikazu Horiuchi, a broker at IwaiCosmo Securities, told AFP. Sentiment was also supported by gains in US and European stocks on Monday as optimism over easing lockdowns outweighed fears of surging coronavirus infections. "We expected that virus infection cases would rise again after lockdowns are lifted," said Makoto Sengoku, market analyst at Tokai Tokyo Research Institute. "The view that the (global) economy will stay on a gradual recovery path still holds -- unless we see drastic spikes in deaths or critically ill patients," he told AFP, adding markets had fallen too much recently on excessive pessimism. But it was unknown whether stocks would keep up their run with key economic indicators coming up later this week such as the June US payrolls report on Thursday. "Since expectations are high, markets are prone to disappointment," Sengoku said. Investors shrugged off weak economic data released from Japan early Tuesday, including rising unemployment and poor factory production for May. "The negative figures were all factored in," Horiuchi said. In individual stocks trade, telecoms and investment giant SoftBank Group rallied 1.30 percent to 5,450 yen while Uniqlo casual wear operator Fast Retailing gained 1.74 percent to 61,700 yen. NTT rose 0.47 percent to 2,515.5 yen after the Nikkei business daily reported the telecom group would enter the renewable energy market. The group will invest more than 1 trillion yen ($9.3 billion) by 2030 to boost capacity and establish its own transmission network, the daily said. Nissan gained 1.14 percent to 399.2 yen and Toyota edged up 0.04 percent to 6,762 yen. The dollar was trading at 107.76 yen in Asian afternoon trade compared with 107.56 yen in New York Monday afternoon. mis-si/ric/axn
schema:headline	Tokyo's Nikkei closes up more than 1.3 percent
schema:mentions	Nippon Telegraph and Telephone Nissan Toyota Agence France-Presse Renewable energy The View (talk show) United States dollar New York City Virus Coronavirus 2008 Japanese Regional Leagues List of Persona 5 characters Casual wear Uniqlo Fast Retailing The Nikkei SoftBank Group Economy of Japan AXN Japanese yen Nikkei 225 Tokyo Stock Exchange
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-06-30 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	positive sentiment
http://data.cimple...readability_score	56 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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