The Nikkei index declined on Thursday
Japanese stocks closed lower on Thursday, with losses across several sectors.
The transportation and telecommunications sectors were among the hardest hit.
The leading stocks that declined by the end of trading were:
SoftBank Group Corp. down 4.9%
KDDI Corp. down 2.7%
Fanuc Corp. down 2.5%
The Nikkei index also fell by 0.44%.
Regarding the leading stocks that rose, the most prominent were:
Shiseido Co. shares, which rose by 4.9%.
The Japanese Nikkei
As for the analysis of the Japanese Nikkei index,
the index rose today to levels of 54,477.
Based on current price action, we may see some corrections.
However, in general, the index remains a buy on any dip.
It is preferable to focus on buying and avoid selling.
The 51,940 level is considered a good buying level, especially if
any price action appears that supports buying.
