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Japans Nikkei index higher on Thursday

2018-02-08 07:34 am | Resource: NEWS | No Views : 196



The Nikkei average rose on Thursday as buyers looked for deals on stocks that fell heavily earlier in the week

The Nikkei fell 1.1 percent to 21,890.86 points, but has still lost almost 6 percent so far this week.

Car makers, glass makers and pharmaceuticals led the gains, while food and mineral stocks lost.

Toyota Motor rose 2.4 percent, Subaru Corp. rose 2.9 percent, Asahi Glass rose 5.9 percent and Takeda Pharmaceutical added 1.8 percent.

Aginomoto was down 1.7 percent and Toho Zink was down 5.7 percent and the broader TOPIX index rose 0.9 percent to 1,765.69 points.


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Time frame Used - four hours The NASDAQ 100 is moving in a sideway direction in the near term. The Nasdaq 100 is still facing resistance and selling pressure around the 6632 level like the Dow Jones, where we see a weakness in the momentum of the NASDAQ 100, and the NASDAQ 100 is not able to exceed the Bollinger's moving average line. In view of the technical indicators Both…

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