Japanese Stocks Rise Strongly at the End of the Week

The Nikkei Index Closes Friday with a Strong Gain

 

Japanese stocks closed strongly on Friday, with gains across several sectors.

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

The leading stocks that rose at the end of trading were:

Konami Corp., up 16.8%

Murata Mfg Co., up 11.9%

Japan Tobacco Inc., up 8.8%.

The Nikkei index also rose by 2.25%.

 

Nikkei


Regarding the analysis of the Nikkei index:

The Nikkei index continues to move within a strong upward trend.

The Nikkei index continued its rise, reaching the 52,647 level,

confirming the strength of the upward trend so far.

We may see some corrections at the start of next week.

However, the long-term outlook still points to continued upward movement.

Therefore, we recommend looking for buying opportunities in case of any correction.