The Nikkei rises 1.29% amid hopes of normality in economic activity

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Tokyo, Sep 1 (EFE) .- The main index of the Tokyo Stock Exchange, the Nikkei, rose 1.29% this Wednesday due to hopes of the arrival of a certain normalization in the country’s economic activity, which seems to have passed a peak of new cases of covid-19.

The Nikkei, which groups the 225 most representative titles in the market, advanced 361.48 points, to 28,451.02 integers.

The Topix, which includes the firms in the first section, the ones with the highest capitalization, added 1.02% or 20.09 points, to 1,980.79 units.

The Tokyo stock market opened higher, encouraged by the weakness of the yen against other currencies (a trend that favors exporters) and the publication of favorable data on corporate capital spending, which increased by 5.3% year-on-year between April and June, which marked its first increase in five quarters.

Added to this were renewed expectations of the arrival of a certain normalization of economic activity in Japan, where new cases of covid-19 are declining after apparently having reached a peak at the national level due to the delta variant.

The manufacturer of machinery for the construction and mining Komatsu registered the biggest increase between the companies that are listed in the Nikkei, of 5.4%; followed by the South Korean video game development and distribution company Nexon, headquartered in Tokyo, which gained 4.97%.

The paper sector led the day’s gains, along with air transport and brokerage houses.

The semiconductor manufacturer Lasertec brought together the highest volume of operations of the day and fell 1.12%.

It was followed by transactions by the transport company Nippon Yusen (NYK Line), which fell 1.8%; and the Softbank group, whose shares rose 0.37%.

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