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Japan Stock Market May Add To Its Winnings On Thursday

Market Technicals & FlowsInvestor Sentiment & Positioning

The Japan stock market has risen for three straight sessions, gaining nearly 1,100 points, or 1.8%, to a fresh record closing high with the Nikkei ending just below 59,590. The tone is broadly bullish as the market is expected to open higher again on Thursday. The move is primarily technical and sentiment-driven rather than based on a new macro catalyst.

Analysis

The Japan stock market has risen for three straight sessions, gaining nearly 1,100 points, or 1.8%, to a fresh record closing high with the Nikkei ending just below 59,590. The tone is broadly bullish as the market is expected to open higher again on Thursday. The move is primarily technical and sentiment-driven rather than based on a new macro catalyst.

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Market Sentiment

Overall Sentiment

moderately positive

Sentiment Score

0.35