Nikkei hits seven-year high as stocks extend win streak

By Laura He, MarketWatch

Reuters

Japan stocks gained further Thursday, while other major Asian indexes mostly declined.

HONG KONG (MarketWatch) — Japan stocks extended a three-day winning streak Thursday, with the Nikkei hitting the highest point in more than seven years.

The Nikkei Average /zigman2/quotes/210597971/delayed JP:NIK +0.74%  climbed 1.1% to close at 17,392.79, as investors looked ahead to Monday’s release of economic growth statistics, which were expected to be used by Prime Minister Shinzo Abe for deciding whether to postpone a sales-tax increase planned for October next year.

Meanwhile, the broader Topix index /zigman2/quotes/210598092/delayed JP:180460 +0.54%  advanced 0.9%.

The yen /zigman2/quotes/210561789/realtime/sampled USDJPY +0.4407% slipped against the greenback, with the dollar buying ¥115.58 compared with ¥115.47 a day earlier.

On the same day, official data showed that Japanese core machinery orders rose 2.9% in September from the previous month, marking a fourth straight month of gains.

Market movers included retailer AEON Co. Ltd. /zigman2/quotes/208701491/delayed JP:8267 -1.11% , rallying 3%, its local rivals J. Front Retailing Co. Ltd. /zigman2/quotes/209287176/delayed JP:3086 +0.64% and Fast Retailing Co. Ltd. /zigman2/quotes/200663563/delayed JP:9983 +0.22% , both advancing 1.9%. Internet and telecoms conglomerate SoftBank Corp. /zigman2/quotes/207303954/delayed JP:9984 +0.87% jumped 2.9%, electronic component maker TDK Corporation /zigman2/quotes/208948266/delayed JP:6762 +1.88%  climbed 2.2%, camera maker Nikon Corp. /zigman2/quotes/203281219/delayed JP:7731 +0.89%  rose 1.6%, and auto maker Toyota Motor Corp. /zigman2/quotes/203803129/delayed JP:7203 +1.33%  improved by 1.3%.

In other Asian markets, Hong Kong stocks rose for a fourth straight session, with the Hang Seng Index /zigman2/quotes/210598030/delayed HK:HSI +1.66%  notching a mild 0.3% gain.

Over on the mainland, the Shanghai Composite Index /zigman2/quotes/210598127/delayed CN:SHCOMP +0.40%  declined 0.4%.

In Sydney, the S&P/ASX 200 /zigman2/quotes/210598100/delayed AU:XJO +0.12%  also settled 0.4% lower, while Seoul’s Kospi Composite Index /zigman2/quotes/210598069/delayed KR:180721 +1.43%  gave up 0.3%.

/zigman2/quotes/210597971/delayed

Add to watchlist JP:NIK

NIKKEI 225 Index

JP : Nikkei

22,863.73

+167.99 +0.74%

Volume: 0.00

June 5, 2020 3:00p

/zigman2/quotes/210598092/delayed

Add to watchlist JP:I0000

TOPIX Index

JP : Tokyo Exchange (TOPIX)

1,612.48

+8.66 +0.54%

Volume: 0.00

June 5, 2020 3:00p

/zigman2/quotes/210561789/realtime/sampled

Add to watchlist USDJPY

Japanese Yen

US : Tullett Prebon

109.6290

+0.4810 +0.4407%

Volume: 0.0000

June 5, 2020 4:26p

/zigman2/quotes/208701491/delayed

Add to watchlist JP:8267

Aeon Co. Ltd.

JP : Japan: Tokyo

¥ 2,415.50

-27.00 -1.11%

Volume: 1.88M

June 5, 2020 3:00p

P/E Ratio

76.53

Dividend Yield

1.49%

Market Cap

¥2056.01 billion

Rev. per Employee

¥57.53M

/zigman2/quotes/209287176/delayed

Add to watchlist JP:3086

J. Front Retailing Co. Ltd.

JP : Japan: Tokyo

¥ 943.00

+6.00 +0.64%

Volume: 2.30M

June 5, 2020 3:00p

P/E Ratio

11.62

Dividend Yield

3.82%

Market Cap

¥245.22 billion

Rev. per Employee

¥68.57M

/zigman2/quotes/200663563/delayed

Add to watchlist JP:9983

Fast Retailing Co. Ltd.

JP : Japan: Tokyo

¥ 63,940.00

+140.00 +0.22%

Volume: 969,900

June 5, 2020 3:00p

P/E Ratio

43.87

Dividend Yield

0.75%

Market Cap

¥6512.87 billion

Rev. per Employee

¥40.83M

/zigman2/quotes/207303954/delayed

Add to watchlist JP:9984

SoftBank Group Corp.

JP : Japan: Tokyo

¥ 5,220.00

+45.00 +0.87%

Volume: 21.34M

June 5, 2020 3:00p

P/E Ratio

35.02

Dividend Yield

0.84%

Market Cap

¥10701.90 billion

Rev. per Employee

¥126.96M

/zigman2/quotes/208948266/delayed

Add to watchlist JP:6762

TDK Corp.

JP : Japan: Tokyo

¥ 10,850.00

+200.00 +1.88%

Volume: 986,000

June 5, 2020 3:00p

P/E Ratio

23.79

Dividend Yield

1.47%

Market Cap

¥1345.30 billion

Rev. per Employee

¥13.41M

/zigman2/quotes/203281219/delayed

Add to watchlist JP:7731

Nikon Corp.

JP : Japan: Tokyo

¥ 1,016.00

+9.00 +0.89%

Volume: 2.36M

June 5, 2020 3:00p

P/E Ratio

51.73

Dividend Yield

3.94%

Market Cap

¥369.69 billion

Rev. per Employee

¥34.15M

/zigman2/quotes/203803129/delayed

Add to watchlist JP:7203

Toyota Motor Corp.

JP : Japan: Tokyo

¥ 7,067.00

+93.00 +1.33%

Volume: 5.37M

June 5, 2020 3:00p

P/E Ratio

9.70

Dividend Yield

3.11%

Market Cap

¥19291.20 billion

Rev. per Employee

¥81.43M

/zigman2/quotes/210598030/delayed

Add to watchlist HK:HSI

Hang Seng Index

HK : Hong Kong Exchange

24,770.41

+404.11 +1.66%

Volume: 2.40M

June 5, 2020 4:08p

/zigman2/quotes/210598127/delayed

Add to watchlist CN:SHCOMP

Shanghai Composite Index

CN : China: Shanghai

2,930.80

+11.55 +0.40%

Volume: 21.74B

June 5, 2020 3:01p

/zigman2/quotes/210598100/delayed

Add to watchlist AU:XJO

S&P/ASX 200 Benchmark Index

AU : S&P ASX

5,998.70

+6.90 +0.12%

Volume: 944,963

June 5, 2020 5:15p

/zigman2/quotes/210598069/delayed

Add to watchlist KR:SEU

KOSPI Composite Index

KR : Korea Exchange

2,181.87

+30.69 +1.43%

Volume: 854,591

June 5, 2020 3:30p