share_log

Nikkei Rises 0.5%, Led by Real Estate, Shipping Stocks -- Market Talk

Dow Jones Newswires ·  Aug 30, 2021 14:16

DJ Nikkei Rises 0.5%, Led by Real Estate, Shipping Stocks -- Market Talk

0612 GMT - The Nikkei Stock Average closed 0.5% higher at 27789.29, supported by U.S. Fed Chair Powell's comments at the Jackson Hole symposium which spurred risk appetite. Shipping companies led the gains. Nippon Yusen advanced 2.8%, Mitsui O.S.K. Lines rose 5.1% and Kawasaki Kisen Kaisha added 2.3%. Stocks of real-estate developers also closed higher. Nomura Real Estate advanced 2.3%, Tokyu Fudosan gained 3.5% and Hulic Co. rose 1.7%. USD/JPY was at 109.75 compared with 109.85 late Friday in New York. The yield on the 10-year Japanese government bond was down half a basis point at 0.015%. (justina.lee@wsj.com)

(END) Dow Jones Newswires

August 30, 2021 02:12 ET (06:12 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment