Japanese stocks rise at the end of Thursday's trading session

The Nikkei index rose at the close of trading on Thursday

 

Japanese stocks closed higher on Thursday,

 with gains across several sectors.

The real estate and banking sectors were among the top performers.

The leading blue-chip stocks that rose at the close of trading were:

M3 Inc., up 23%

Furukawa Electric Co., up 12.2%

Isuzu Motors, Ltd., up 11.9%

The Nikkei index also rose by 0.45%.

 

Nikkei


Regarding the analysis of the Nikkei index:

The index is still moving within a narrow sideways range on the 4-hour timeframe.

Currently, indications point to accumulation.

Therefore, we expect to see an upward move in the index soon,

especially if it breaks through and closes above the 51,361 level.

In that case, we expect to see a rise again to the 52,400 level.