2024.04.16
For some traders, trading in stocks is a novelty, and many need help knowing where to start, how to research, or how to select stocks for trading or investing.
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JP225 – Trade Tokyo Stock Exchange Index
Trading Forex currency pairs is profitable but risky. If you are afraid of losing money and want a more reliable trading tool – take a look at stock indices. You can also trade them on JMarkets, but they are much more stable and their movements are much easier to predict. Of course, this reduces the potential profit, but if you are willing to take a chance – take a look at JP225.
- Spread from: 8;
- Tick size: 0.10;
- Swap (pips) Long: -6.00%;
- Swap (pips) Short: -3.00%.
What is JP225?
JP225 is better known as Nikkei 225 and is Japan's main stock index. It was formerly known as the TSE Adjusted Stock Price Average. As the name suggests, it tracks 225 of Japan's largest capitalization companies. The index is provided by Nihon Keizai Shimbun – one of the largest Japanese media corporations.
The index includes companies from a wide variety of areas – from steel mills to chemical factories and game industry giants.
It’s interesting: Unlike other indices, Nikkei 225 is updated every 15 seconds in real-time.
The Nikkei 225 peaked in the 1980s, at the peak of the Japanese economic bubble. Then the index amounted to 38,957.44 points – an absolute record that has never been broken. After the bubble burst, the index fell to 8,000 and only recently recovered to 22,000.
What affects the Nikkei 225?
The Nikkei chart is strongly influenced by Japan's economic performance and some US economic indicators.
Therefore, if you intend to trade this instrument, pay attention to these indicators:
- GDP of Japan and the USA;
- The key interest rate of the Bank of Japan;
- US Non-Farm Employment Change.
Nikkei 225 is not very stable and responds quite quickly to indicator signals, therefore, trading is better on small time frames.
Trading hours
Nikkei is available on JMarkets 5 days a week, Monday through Friday. On weekends, the stock market is closed and you cannot open new orders on it. In addition, the index is not available during world holidays, when the stock market does not work.
JMarkets regularly publishes news on changes in trading hours. Read them on our main page!