Japan's Nikkei rises as Fast Retailing jumps; earnings jitters weigh

  • Posted on October 11, 2024
  • By Business News Today
  • 4 Views
Japan's Nikkei rises as Fast Retailing jumps; earnings jitters weigh

Japan's Nikkei share average reached a two-week high, driven by Fast Retailing's gains. Despite caution among investors during the earnings season, the index closed higher. Fast Retailing recorded a 6.1% jump due to its third consecutive year of record profits. Chip-related shares also performed well, while firms like SoftBank Group and Toyota Motor saw declines.
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