Date: 1st April 2022
Date: 1st March 2022
Date: 1st February 2022
TOPIX ended down on the previous month-end. The Japanese equity market declined along with the US equity market due to growing expectations of higher US interest rates. Concerns over the increase in domestic cases of COVID and geopolitical risks over Ukraine also weighed on the market.
Date: 4th January 2022
TOPIX ended up on the previous month-end. The Japanese equity market rose as excessive concerns over a new Covid-19 variant, Omicron, receded although it saw temporary declines due to news of monetary policy meetings at the FRB, ECB and Bank of Japan.
Date: 1st December 2021
TOPIX ended down on the previous month-end. The Japanese equity market plummeted in the latter of the month due to the news of the emergence of a new variant virus called Omicron, although the market was in an upward trend backed by solid quarterly corporate earnings.
Date: 22nd November 2021
Date: 2nd November 2021
TOPIX ended down on the previous month-end. The Japanese equity market was dragged down by some concerns over global stagflation on rising commodity prices, an increase in US bond yield and default of the Chinese property giant, EVERGRANDE.
Date: 20th October 2021
Date: 1st October 2021
TOPIX ended up on the previous month-end. Although the Japanese equity market was dampened by concerns over the default of the large Chinese property company, Evergrande and an increase in US bond yield, it rose on the expectations for new leadership after Prime Minister Suga’s announcement to step down and for the normalisation of economic activities with steady progress of Japan’s vaccination campaign.