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IHI's Profit Surges 43% in Fiscal Year 2025
Pressure Vessels Market Worth $73.24 Billion by 2031 | MarketsandMarkets
Profit-taking emerged as a reaction to the sharp rise, but declines remained limited.
The Nikkei Average fell after three days, closing at 62,713.65 yen, down 120.19 yen (with an estimated trading volume of 3.03 billion shares). Following a record surge the previous day, profit-taking emerged early due to a corrective reaction, causing the Nikkei Average to open lower. However, robust growth expectations for artificial intelligence (AI) helped some semiconductor-related stocks, which had opened weak, turn positive quickly. As a result, the Nikkei Average rebounded to 62,724.36 yen by mid-morning. Nevertheless, weekend factors also contributed to the decline.
JP Movers | SUMCO Rose 17.97%, Leading Nikkei 225 Components, Kioxia Holdings Topped Turnover List
Market sentiment was stable today as Nikkei 225 components continued to trade sideways, with SUMCO(3436.JP) being the top gainer today, rising 17.97% to close at 3578.0 yen. In addition, the top loser was Yokogawa Electric(6841.JP),falling 9.82% to end at 5171.0 yen.
IHI to Sell Majority Stake in Logistics Unit to Toyota Industries
IHI Sets Out FY2025 Results, FY2026 Outlook and New Capital Plan