Asian markets: Nikkei opens at 38,721.61 JPY rises 0.40%

Nikkei 225 kicked off the trading session on 15th January 2025 with an upward momentum, opening at 38,721.61 JPY. The index recorded a gain of 154.33 points, reflecting a 0.40% increase as of 12:20 PM local time.

Throughout the day, the Nikkei 225 moved within a range of 38,404.79 JPY to 38,774.99 JPY, showcasing modest but steady activity. The previous close was recorded at 38,474.23 JPY, indicating a positive start to the session.

While the index demonstrates resilience on a daily basis, the broader timeframes present a mixed picture. Over the past five days, the Nikkei has declined by 3.14%, and on a monthly scale, it is down 2.33%. However, year-on-year analysis highlights a 7.57% rise, underscoring long-term growth trends.

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