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U.S. Stock Insights | The AI "arms race" triggers a semiconductor rally, with NVIDIA surging nearly 8%; Roivant Sciences jumps over 22%, hitting a record high as its subsidiary's Brepocitinib shows improvement in skin conditions during Phase 2 trials.
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Today's flows: 02/09 Fast Retailing saw an inflow of JPY¥ 37.01 billion, Kioxia Holdings saw an outflow of JPY¥ 50.56 billion
On February 9th, the TSE Main Market saw an inflow of JPY¥ 1.88 trillion and an outflow of JPY¥ 1.69 trillion.$Fast Retailing(9983.JP)$, $SoftBank Group(9984.JP)$ and $Disco(6146.JP)$ were net
Express News | Adani Energy Solutions: Two Major Japanese Banks—Mufg and Smbc to Be the Leading Financiers of the Project
Shares of Japanese Banking Companies Are Trading Higher. The Bank of Japan Board Member Kazuyuki Masu Said Japan's Inflation Is "Drawing Very Close" to the Central Bank's 2% Target, Reinforcing Expectations of a Near-term Rate Hike.
Sumitomo Mitsui Financial Group Up Over 7%, on Track for Highest Close Since September 2006 -- Data Talk
Japanese stocks closed 435 points higher for the day, with market participants anticipating election results and taking opportunistic positions.
Japanese stocks initially fell but rebounded, with early losses influenced by the decline in U.S. tech shares overnight on the 5th. With Japan's House of Representatives election scheduled for Sunday (the 8th), investors anticipated a victory for the ruling Liberal Democratic Party and entered the market preemptively, driving stock prices higher. The Nikkei Average Index opened lower by 382 points and initially dropped 867 points to reach a low of 52,950 points before recovering. It closed at its intraday high of 54,253 points, up 435 points or 0.8%. In the artificial intelligence and semiconductor sectors, SoftBank (9984.JP) and Tokyo Electron (8035.JP) rose by 2.2% and 2.6%, respectively, while DISCO Corporation (6146.JP) and Advantest (6857.