Nikkei index rises at the close of trading on Thursday

Japanese stocks closed strongly higher on Thursday, with gains across several sectors, particularly banking and real estate.

Among the top performing stocks were Yokohama Rubber Co., which jumped 13.2%, Japan Steel Works Ltd., which climbed 9.1%, and Omron Corp., which rose 6.9%.

The Nikkei index also rose, gaining 0.72%.

On the other hand, Advantest Corp. was the biggest loser, falling 3.6%.

The Japanese Nikkei

Regarding the analysis of the Japanese Nikkei index, it continues to move sideways on the daily timeframe with a downward bias. The index fell today to levels of $56,829.

Overall, the index remains a buy on any dips, and the new demand zones that have formed around the 54,800 level are considered strong buying opportunities. It is advisable to focus on buying opportunities if any price action appears to support buying on lower timeframes and to avoid selling.