The Nikkei Index rises at the close of trading on Thursday
Japanese stocks closed higher on Thursday, with gains across several sectors.
The banking and real estate sectors were among the top performers.
The leading blue-chip stocks that rose at the close of trading today were:
Resonac Holdings Corp. shares up 8.8%
Toppan Printing Co. shares up 7.2%
Denka Co. shares up 6.1%
The Nikkei index also rose by 1.29%.
The Japanese Nikkei
Regarding the analysis of the Japanese Nikkei index:
The index is currently moving sideways.
It has continued its upward trend, reaching levels of 50,334.
Therefore, we expect to see some decline in the index soon,
before it resumes its upward movement, especially
since it has managed to break the minor corrective
downtrend line on the daily timeframe.
In the event of an upward move, the index may target levels of
the previous peak near 51,500, then 52,658.
