Japan's Nikkei continues its strong rise
Japanese stocks closed Thursday's trading session
with strong gains across several sectors.
The most prominent sectors to achieve gains were
banking, real estate, and textiles.
The most prominent leading stocks that rose at the end
of today's trading session were..
SoftBank Group Corp. shares rose by 11.4%
Yaskawa Electric Corp. shares rose by 9.5%
Panasonic Corp. shares rose by 6.5%.
The Nikkei also fell by 1.9%.
Nikkei Japan
As for the Nikkei Index Analysis,
The Nikkei Japan Index is still moving in a strong overall upward trend.
The index has continued to rise after breaching the recent high at 48,680.
There are some negative signals beginning to emerge.
Therefore, we may see some corrections on the index soon.
However, in general, a rebound in the index is expected after corrections.
Therefore, it is recommended to look for
buying opportunities after any corrections.
