{"id":264414,"date":"2022-06-04T08:21:36","date_gmt":"2022-06-04T03:21:36","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=264414"},"modified":"2022-06-04T08:21:36","modified_gmt":"2022-06-04T03:21:36","slug":"japan-market-gains-1-27","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/japan-market-gains-1-27\/","title":{"rendered":"Japan Market gains 1.27%"},"content":{"rendered":"<p> TOKYO<br \/>\nJapan share market finished session at an almost two-month high on Friday, 03 June 2022, on tracking an overnight surge in their U. S. counterparts which gained on receding fears over the Fed aggressive monetary stance.<br \/>\nAdding to positive mood was the country and the U. S. signing of a revision on the \u201cbeef safeguard\u201d mechanism under the U.<br \/>\nS.-Japan Trade Agreement.<br \/>\nAlso, buying was propelled by yen\u2019s depreciation to lower 130 ranges against the dollar which prompted purchases of export-oriented shares as weaker yen boosts their overseas profits when repatriated. At closing bell, the 225-issue Nikkei Stock Average advanced 347.69 points, or 1.27%, to 27,761.57.<br \/>\nThe broader Topix index of all First Section issues on the Tokyo Stock Exchange grew 6.75 points, or 0.35%, to 1,933.14.<br \/>\nTotal 21 of 33 TOPIX sectors ended the session higher, with Mining (up 2.3%), Precision Instruments (up 1.5%), Nonferrous Metals (up 1.4%), and Oil &#038; Coal Products (up 1.3%) issues enjoyed the largest percentage gains.<br \/>\nShares of exporters gained on the back of a weaker yen, with Sony Group led gains on Topix, rising 1.88%. Chip-making equipment maker Tokyo Electron gained 2.4% and technology start-up investor SoftBank Group climbed 2.2%.<br \/>\nShares of Fast Retailing surged after it said domestic Uniqlo same-store sales for May, including online sales, surged 17.5 percent on-year.<br \/>\nCURRENCY NEWS: The dollar stood at 130.04 yen, against 130.15 yen in New York and 129.25 yen in Tokyo on Wednesday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TOKYO Japan share market finished session at an almost two-month high on Friday, 03 June 2022, on tracking an overnight surge in their U. S. counterparts which gained on receding fears over the Fed aggressive monetary stance. Adding to positive mood was the country and the U. S. signing of a revision on the \u201cbeef [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-264414","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Japan Market gains 1.27%<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/japan-market-gains-1-27\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Japan Market gains 1.27%\" \/>\n<meta property=\"og:description\" content=\"TOKYO Japan share market finished session at an almost two-month high on Friday, 03 June 2022, on tracking an overnight surge in their U. 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