The Nikkei 225 rose 0.5% to 41,000 and the broader Topix gained 0.45% to 2,980 on Thursday, marking the third consecutive gain for Japanese stocks. The rally mirrored overnight gains on Wall Street, driven by upbeat corporate earnings reports, as investors largely shrugged off President Donald Trump's latest tariff moves.
Trump announced a 100% tariff on imported semiconductors, excluding companies building in the US, and doubled tariffs on Indian goods to 50% on continued imports of Russian oil. Among the gainers were SoftBank Group (+2%), Mitsubishi UFJ (+1.5%), and Ryohin Keikaku (+1.9%). However, chip-related stocks weakened, with Tokyo Electron down 3%, Disco down 0.9%, and Advantest down 0.4%. (alg)
Source: Trading Economics
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