Japanese markets rally, Nikkei up 1.91%

Image
Last Updated : Dec 03 2024 | 4:04 PM IST
Japanese markets rallied to hit a three-week high on optimism that Japan-made chip products will be exempted from new U.S. curbs on exports to China.

The Nikkei average jumped 1.91 percent to 39,248.86 while the broader Topix index settled 1.43 percent higher at 2,753.58.

Chip-making equipment giant Tokyo Electron surged 4.3 percent, peer Advantest climbed 3.9 percent and AI-focused startup investor SoftBank Group advanced 2.7 percent.

Uniqlo-owner Fast Retailing gained 2.5 percent and electronic components maker TDK added 1.9 percent.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 03 2024 | 3:46 PM IST

Next Story