Asian stock markets rose across the board, with the Nikkei Index closing up 0.6%, and Taiwan Semiconductor's stock on the Taiwan Stock Exchange rising by 6.13%

Wallstreetcn
2024.08.09 23:18
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Asian stock markets opened high and rose, with the Nikkei 225 Index closing up 0.6% at the end of the day, and the TOPIX Index in Japan rising by 0.9%. Taiwan's stock market opened high and rose, closing up by 2.87%. TSMC's sales in July increased by 45% year-on-year, leading to a 6.13% increase in TSMC's stock price on the Taiwan Stock Exchange

The number of initial jobless claims in the United States last week, announced last night, fell more than expected, easing concerns about a recession in the U.S. economy and boosting investor confidence.

On Friday, Asian stock markets followed the early gains of U.S. stocks, with a slight retreat in the afternoon and closing prices rising:

Nikkei 225 Index opened 2% higher, fell in the afternoon, and closed up 0.6%.

TOPIX Index rose 0.9% to 2485.55 points.

KOSPI Index in Seoul, South Korea opened 1.8% higher and closed up 1.2% at 2589 points.

Taiwan Stock Exchange Weighted Index closed 2.87% higher at 21469 points, with Taiwan Semiconductor up 6.13%.

○ The Japanese Yen briefly rose above 147 against the U.S. dollar, with a slight increase of 20 points during the day.

Nasdaq 100 Index Futures fell by 0.21%, while S&P 500 Index Futures fell by 0.21%.

[Update at 14:40]

The KOSPI Index in Seoul, South Korea, closed up 1.2%.

[Update at 14:07]

The Nikkei 225 Index closed up 0.6%. TOPIX Index rose 0.9% to 2485.55 points.

[Update at 13:50]

The Nikkei 225 Index fell in the afternoon, dropping by 0.8% at one point, now at 34765 points.

TOPIX Index fell by 0.38% to 2452.3 points.

The KOSPI Index in Seoul, South Korea, opened 1.8% higher, maintained its gains at midday, and is now at 2583 points.

The Taiwan Stock Exchange Weighted Index closed 2.87% higher at 21469 points. Taiwan Semiconductor reported sales of NT$256.95 billion in July, a 45% year-on-year increase, driving Taiwan Semiconductor's stock up by 6.13%

Nasdaq 100 index futures fell by 0.21%, while S&P 500 index futures also fell by 0.21%.

【Content in 9:16】

Nikkei 225 index and TOPIX index expanded their gains to 2%.

Seoul Composite Index in South Korea opened 1.8% higher, currently at 2589.46 points.

Taiwan Stock Exchange Weighted Index rose by 2.51% to 21394.37 points.