Japanese Stocks Edges Higher as Topix and Nikkei 225 Both Up

Japanese Stocks Edges Higher as Topix and Nikkei 225 Both Up

On Monday, August 23, Japanese stocks edged higher as the Topix and the Nikkei 225 index both climbed 1.99% and 1.92%, respectively, leading Asia stocks up.

The broad Topix index led the Japanese gains by 1.99% with a net increase of $37.50. This sent the stocks above at $1,918.18 per share.

Also, the Nikkei 225 index pushed the Japanese stocks up as it smashed 1.92% with a net addition of $519.38. This sent the stocks higher at $27,532.63 per share.

Its best performers were Denso Corp which spiked 7.32% or 492.00 points to $65.62 per share.

Then, Mitsui O.S.K. Lines Ltd. jumped 5.88% or 380.00 points to $62.22 per share.

Additionally, Kawasaki Kisen Kaisha Ltd. progressed 5.76% or 260.00 points to $43.39 per share.

Meanwhile, Sumitomo Osaka Cement Co. Ltd. plummeted 1.04% or 31.00 points to $26.80 per share.

Isuzu Motors Ltd. followed as it plunged 0.91% or 12.00 points to $11.94 per share.

Then, Taisei Corp. decreased 0.84% or 30.00 points to $32.16 per share.

Furthermore, China, which is Asia’s largest economy, followed behind Japanese progress.

The Shenzhen Component Index soared 1.69% with a net increase of $241.29. This sent the stocks up at $14,494.82 per share.

The same with the Shanghai Composite Index which grew 1.15% with a net addition of $39.48. This sent the stocks higher at $3,466.81 per share.

Its top performer was Zhejiang Damon Technology Co. Ltd. A which grew 20.00% or 5.75 points to $5.31 per share.

Asia Stocks Up as Japanese Shares Climbed

Moreover, Asia stock markets were up as the Japanese stocks climbed.

In Hong Kong, the Hang Seng Index soared 1.64% or 408.28 points to $25,258.00 per share.

Likewise, South Korea’s KOSPI Composite Index boosted 1.59% or 48.79 points to $3,109.30 per share.

Consequently, the S&P/ASX 200 Index of Australia improved 0.31% or 23.1 points to $7,484.00 per share.

In the Bombay Stock Exchange, the S&P BSE Sensex Index hopped 0.08% or 45.97 points to $55,375.29 per share.

Additionally, the MSCI All Countries Asia Pacific Index was flat at $190.97. The same with the MSCI All Countries Asia ex-Japanese Index which was also flat at $782.70 per share.

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