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Contradictory trend in the Japanese and Asian stock markets

The Japanese stock market is slightly growing

Today, the Japanese stock market showed mixed signals, with the Nikkei index rising by 0.1%, closing at 39,533.32 points.
This rise, although modest, was influenced by some stocks that performed well, such as Sony, which saw a significant increase of 6%, and SoftBank, which gained 1.6%.

Losses in the automotive and manufacturing sector

However, despite the rise in the index, several automotive and manufacturing stocks suffered losses.

Toyota recorded a decrease of 0.1 percent, while Nissan saw a more marked decrease of 4.3 percent.
In the manufacturing sector, Mitsubishi Heavy Industries reported a decrease of 0.1 percent, and Nippon and Japan Steel lost 1.2 percent and 4.4 percent, respectively.

Asian markets on the move

Moving to other Asian markets, Hong Kong’s Hang Seng Index declined 1.71% to 20,374.71 points. This decline came after the announcement by the Chinese government regarding an ambitious economic recovery and debt reduction plan.
On the contrary, the Shanghai and Shenzhen stock exchanges closed positively, with Shanghai up 0.13% to 3,456.67 points and Shenzhen up 1.33% to 2,122.61 points.

Bitcoin and political influence

Another interesting aspect is the behavior of Bitcoin, which continues to set new records, influenced by the election of Donald Trump. This phenomenon has attracted the attention of investors, contributing to greater volatility in the cryptocurrency market
.

Prospects for European stock exchanges

Finally, European stock exchanges started the day with a positive sign, with Piazza Affari up 0.8%. Investors are now focusing their attention on inflation in the United States, expected on Wednesday, and on Powell‘s intervention scheduled for Thursday, which could further influence
the markets.

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