Apple's stock price surged today. The "Hi, Speed!" event is coming. How do we benefit from it?
Japan equities decline at close of trade
On Friday, Japan equities slumped after the close because losses in the Power, Retail as well as Steel sectors put pressure on stocks.
The Nikkei 225 went down 0.03%.
On the Nikkei 225 the best performers were Meidensha Corp., Credit Saison Co. and Toshiba Corp. They rallied respectively 4.88%, 4.43% and 3.61%.
On the contrary, losers were represented by such benchmarks as Yamato Holdings Co, Tokyo Gas Co. and Familymart Ltd. They slumped respectively 6.87%, 3.02% and 2.47%.
Sagging shares outnumbered advancing equities on the Tokyo Stock Exchange by 1706 to 1529, while 254 didn’t change.
Equities in Meidensha Corp. reached 52-week maximums, soaring 4.88% and getting to 430.0. Besides this, stocks in Credit Saison Co., Ltd. edged up to 52-week maximum, gaining 4.43% trading at 2335.0.
The Nikkei Volatility, estimating the implied volatility of Nikkei 225 options, gained 3.12% being worth 14.56.
The currency pair USD/JPY jumped 0.12% trading at 112.43, and EUR/JPY inched up 0.23% trading at 132.67.
The US Dollar Index Futures didn’t change sticking to 92.95.
The market is resilient ahead of the speeches of Fed’s Powell and ECB President Lagarde, but there are still interesting movements.
The uncertainty over US fiscal stimulus and Brexit, and also rising new virus cases deteriorated the market mood. That’s why we can expect the further rally of the US dollar and the fall of riskier assets today.
The market sentiment is mixed, but there are still interesting movements on the market.