TOKYO, Jan 4 ― Tokyo stocks opened 2022 on an upbeat note today, after US shares also advanced on their first trading day of the year.
The pandemic and inflation continue to pose risks going forward, but expectations for bright corporate earnings should help drive up the Tokyo market through the year, Okasan Online Securities said in a note.“We see a lot of profoundly uncertain factors ahead, such as new coronavirus variants, rate hikes and inflation.
The brokerage said it was “probable” that the market would remain lukewarm for several months until new annual corporate earnings outlooks become clear.
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