Japan’s Topix hits all-time high<\/p>\n
Japan’s Topix index rose for the fourth consecutive session Friday and hit a record high of 3,031.78.<\/p>\n
The broad-based index had gained 1.42% as of 10 a.m. local time (9 p.m. ET Thursday),<\/p>\n
Gains were led by Nippon Chemical Industrial<\/a>, which surged 23.06%, investment management firm Miyakoshi Holdings<\/a>, which rose 22.04%, rent debt provider J-Lease Co<\/a> which advanced 18.66% and probe card manufacturer Japan Electronic Materials Corp<\/a> which gained 13.42%.<\/p>\n \u2014 Amala Balakrishner<\/p>\n Asia-Pacific markets start the day mixed<\/p>\n Asia-Pacific markets opened mixed Friday.<\/p>\n As of 8:12 a.m. Singapore time (8:12 p.m. ET Thursday), Japan’s Nikkei 225<\/a> benchmark rose 1.18% while the broader Topix index added 0.87%.<\/p>\n In South Korea, the\u00a0Kospi<\/a>\u00a0index fell 0.13% while the small-cap Kosdaq increased by 0.65%.<\/p>\n Over in Australia, the\u00a0S&P\/ASX 200<\/a> benchmark was down 0.29%.<\/p>\n \u2014 Amala Balakrishner<\/p>\n U.S. futures move up in early Asia hoursHere are the opening calls for the day <\/p>\n Good morning from Singapore, and happy Friday.<\/p>\n Investors are awaiting a slew of data from Japan, including its current account balance for June.<\/p>\n The country’s benchmark\u00a0Nikkei 225<\/a>\u00a0was set to open higher, with the futures contract in Chicago at 41,285 while its counterpart in Osaka last traded at 41,170, against the index’s Thursday close of 41,059.15.<\/p>\n Futures for Hong Kong’s\u00a0Hang Seng index<\/a>\u00a0stood at 24,876, pointing to a weaker open compared with the HSI’s last close of 25,081.63.<\/p>\n Australia’s\u00a0S&P\/ASX 200<\/a>\u00a0was set to start the day lower with futures tied to the benchmark at 8,757, compared with the index’s last close of 8,831.40.<\/p>\n \u2014 Amala Balakrishner<\/p>\n Sentiment on stocks collapses the most since the February market top<\/p>\n Traders work on the floor of the New York Stock Exchange during afternoon trading on August 1, 2025 in New York City. <\/p>\n Michael M. Santiago | Getty Images<\/p>\n The latest gauge of investor sentiment is rife with uneasiness. Counterintuitively, some market strategists think that could be a bullish sign that forces traders to get back into the market and drive stocks higher.<\/p>\n Bearish\u00a0individual investor sentiment toward stocks over the next six months rose more than 10 percentage points, the most since February, in the\u00a0latest weekly survey<\/a>\u00a0by the American Association of Individual Investors.<\/p>\n Investor sentiment is viewed by many as a contrarian indicator. The idea is that when investors are bearish, they are more likely to have already sold stocks and have more cash on hand to put to work. And when more are bullish, the reverse is true.<\/p>\n “If the poll is bearish, that is encouraging,” Sam Stovall, chief investment strategist at CFRA Research, said in an email to CNBC. “The institutional investor (smart) money tends to look at retail investors as ‘dumb money’ and tends to make near-term price performance projections accordingly.” More here<\/a>.<\/p>\n \u2014 Pia Singh, Scott Schnipper<\/p>\n","protected":false},"excerpt":{"rendered":"Japan’s Topix hits all-time high Japan’s Topix index rose for the fourth consecutive session Friday and hit a…\n","protected":false},"author":2,"featured_media":53374,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[22156,4989,2840,12915,12922,1386,45,161,49,48,4357,12917,2294,12918,12913,12919,100,3098,12921,1369,14829,1378,12920,6549,12912,12916,2163,12914],"class_list":["post-53373","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-arm-holdings-plc","tag-asia-economy","tag-australia","tag-australian-dollar-us-dollar-fx-spot-rate","tag-breaking-news-asia","tag-breaking-news-markets","tag-business","tag-business-news","tag-ca","tag-canada","tag-dow-jones-industrial-average","tag-dxy-us-dollar-currency-index","tag-economic-events","tag-hang-seng-index","tag-ice-brent-crude-apr23","tag-kospi-index","tag-markets","tag-nasdaq-composite","tag-nikkei-225-index","tag-nvidia-corp","tag-prices","tag-sp-500-index","tag-sp-asx-200","tag-shanghai","tag-shenzhen-component-index","tag-usd-jpy","tag-world-markets","tag-wti-crude-mar23"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/53373","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=53373"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/53373\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/53374"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=53373"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=53373"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=53373"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}