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Japanese equities rose, led by technology companies, as investors outperformed the previous quarter's low and expected a recovery in the coming quarters.
The Nikkei benchmark <.N225> rose 0.43% to 21,709.31, closing close to 21,823, its highest level in two and a half months.
Screen manufacturers, chip maker, jumped 3.5%, although the company reduced its estimated annual net profit by 5.6%, due to lower sales in its printing business and rising costs.
Investors also took over the shares of other technology companies victims of the fear of escalating disputes between the United States and China on trade and technology issues.
Fanuk Corp jumped 3.1% after quarterly earnings exceeded badysts' expectations, although the robot maker lowered its annual earnings guidance due to trade-related vagueness.
Hitachi also exceeded expectations and increased by 3% despite the announcement by the company that its quarterly operating profit would have dropped 16% due to the deterioration of the smart phone market and the fact that the company's business is expected to grow. items related to the automobile.
Kawasaki Heavy Industries lost 5.7% after the heavyweight and transportation equipment manufacturer announced its first quarterly net loss in 10 years between April and June.
Japan's industrial output fell more than expected, falling to 3.6%, reaching its lowest level in a year and a half in June, but this did not shake investor confidence.
The broader TOPIX index <.TOPX> increased by 0.45% to close the session at 1,575.58.
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