Overview

• The Nikkei 225 climbed to 40,682.14 by the morning close on July 30, rising 7.59 yen after three straight days of steep losses.
• Semiconductor shares saw fresh profit-taking after recent earnings upgrades, limiting the index’s advance.
• A modest yen appreciation to around ¥148.48 per dollar has put pressure on export-oriented stocks.
• Japanese markets lost more than 1,100 yen over three sessions as targeted sell-offs in chip and bank stocks and broad profit-taking weighed on sentiment.
• Investors are treading carefully ahead of second-quarter corporate earnings and key U.S. economic data releases.