“Nikai” reduces the losses of the week with a decrease in US bond returns and the yen has decreased

The Nikai index rose today, Friday, with the support of the low returns of US Treasury bonds and the yen fell, but it recorded a weekly loss.

Nikai rose 0.5 % to reduce five -day losses, during which he decreased 1.6 % to record the first weekly decline in more than a month.

The broader Topics index won 0.7 % to score 2739.13 points, but it closed the week at a decrease of 0.9 %.

“The revenues of the American treasury bonds have stopped, which strengthened the demand for Japanese stocks,” said Shotaro Yasoda, a market analyst at the Tokai Tokyo AI Laboratory.

“But the index needs some new incentives to rise to higher levels next week and beyond,” he added.

The returns of US Treasury bonds decreased during the night after the recent sales attracted some buyers, and the bond returns for 30 years reached their highest level in 19 months earlier in the session.

The dollar rose after its recent losses, which led the yen to decrease 0.4 % to 143.47, after its rise in shortly to 142.8 during the night.

The Nikkai index has fully lost its losses since US President Donald Trump announced the customs duties on April 2, and 25 % of its lowest level on April seventh jumped to a record peak on May 13.

“The investors became cautious about the great gains and sold the stocks, but they bought from them today because they felt comfortable when the Nikai index reached its highest level,” said Takoro Hayshi, head of the investment research department in Iway Cosmo Securities.

The share of the company, Fast Reteling, which owns the brand of Unicllo, increased 0.9 %.

Tokyo Electron won 0.3 %of chips, and Advanstist’s shares for the manufacture of chips test equipment increased 0.5 %.

All indicators of the sub -sectors on the Tokyo Stock Exchange, which numbered 33, with the exception of seven with the increase in the non -iron metal sector, increased 3.5 % to record the best performance between the sub -sectors.

The shares of cable manufacturers, a measure of artificial intelligence investments, rose with Fujikura 4.9 % and Furukawa Electric shares 4.5 %.