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The Tokyo Stock Exchange closes in negative territory
Today, the Tokyo Stock Exchange closed in negative territory, with the Nikkei index falling by 0.31%, closing at 38,451.46 points. This trend was influenced by the imminent inauguration of Donald Trump as president of the United States, an event that has raised concerns among Japanese investors
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Weekly decline and pressure factors
Despite a recovery from the lows at the start of the day, where the index had fallen by 1.3%, Nikkei lost an overall 1.58% during the week.
Another factor that weighed on trading was the strengthening of the yen in the currency markets, which made Japanese exports less competitive. Expectations of a possible interest rate hike by the Bank of Japan (BoJ) expected next week have further contributed to this negative dynamic
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Impact on export-oriented companies
Japanese companies that are more export-oriented were negatively affected by a stronger yen, which put pressure on their profits. In particular, the Topix index fell by 0.33%, closing at 2,679.42 points. Among the most affected stocks, Toyota shares fell 1.73%, highlighting the difficulties of the Japanese automotive sector in an unfavorable market environment
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Future Prospects and Economic Context
The outlook for the Tokyo Stock Exchange remains uncertain, with investors closely monitoring political developments and economic decisions that could affect the market. Tomorrow’s opening could also be influenced by the performance of other European stock exchanges and by the Chinese economy, which has recently hit the growth target. The United States, with its focus on Trump, could have a significant impact on global market dynamics.
