Hello my dears, the spirit of 🍊 has further boosted the Japanese stock market. That's why I remain invested in Advantest.
Unfortunately, my top picks of Japanese stocks on the watch have run away from me.
$7012 (+4,17 %) and $5803 (+1,91 %) .
Which Japanese companies do you still see potential for an acceptable valuation?
$2768 (+0,87 %) Soijitz could be an interesting value with regard to raw materials. Please share your opinion in the comments.
Optimism about the artificial intelligence (AI) business and the prospect of a reduction in US tariffs are shaping the Asian stock markets. In Tokyo, the export-oriented Nikkei index, which comprises 225 stocks, rose by 2% to 51,222 points. By contrast, the broader Topix was down 0.1 percent at 3,282 points.
On the Japanese market, shares in chip equipment manufacturer Advantest shot up by more than 20 percent after the company raised its profit forecast. Shares related to chip giant Nvidia also rose in China.
The Shanghai stock exchange gained 0.4 percent to 4002 points and the index of the most important companies in Shanghai and Shenzhen rose by 0.5 percent to 4714 points. The Hong Kong stock exchange is closed for a public holiday. The South Korean Kospi index reaches a new record high, boosted by strong figures from chip manufacturer SK Hynix.
