Nippon Individual Savings Account (NISA)
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Japan's Nikkei falls as tech stocks track Wall Street lower
The Economic Times· 2025-12-29 07:31
The Nikkei fell 0.44% to 50,526.92, while the broader Topix inched 0.1% higher to 3,426.52. All three major U.S. stock indexes closed nominally lower on Friday, snapping a five-session rally. In Japan, chip-related heavyweights fell, with Advantest and Air conditioning maker Daikin Industries fell 2.02%.Live Events The Nikkei slipped as some large stocks with higher The Topix's rubber maker index slipped 1.4% to become the worst performer among the 33 industry sub-indexes. Banks rose as the The T ...
Japan's Nikkei slips as tech stocks track Wall Street lower
The Economic Times· 2025-12-29 03:25
Market Overview - The Nikkei index decreased by 0.5% to 50,517.41, while the broader Topix index saw a slight increase of 0.04% to 3,424.42 [1][7] - All three major U.S. stock indexes closed nominally lower, ending a five-session rally [2][7] Sector Performance - Technology stocks in Japan, particularly chip-related companies, experienced declines, with Advantest and Tokyo Electron falling by 2.17% and 0.9%, respectively [7] - Electronic components maker TDK also saw a decrease of 1.3% [2][7] - Japan Tobacco and Bridgestone reported declines of 1.72% and 0.83%, respectively, as they went ex-dividend [4][5][7] - The rubber maker index within the Topix fell by 0.89%, marking it as one of the worst-performing sectors [6][7] Investment Trends - The Topix's value share index increased by 0.35%, while the growth share index decreased by 0.28% [6][7] - Value shares, which typically offer higher dividends, are expected to rise in January as retail investors purchase them for the Nippon Individual Savings Account (NISA) program [6][7] - The NISA program is expanding, providing tax exemptions on capital gains for retail investors [6][7] Banking Sector - Banks showed positive performance, with Mitsubishi UFJ Financial Group gaining 0.6%, and Sumitomo Mitsui Financial Group and Mizuho Financial Group rising by 0.63% and 0.76%, respectively [6][7] - The Bank of Japan's discussions indicated a potential need for continued interest rate hikes, influencing bank stock performance [6][7]