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Nikkei Track Wall Street Higher
Friday, 25 April 2025 09:16 WIB | NIKKEI |JAPAN

The Nikkei 225 surged 1.6% to above 35,600, while the broader Topix Index gained 1.3% to 2,626 on Friday, with Japanese shares rising for the third straight session following a tech-led rally on Wall Street overnight. Investors also continued to monitor trade developments after President Trump claimed tariff talks with China were ongoing, despite Beijing's denial of any current negotiations. Meanwhile, fresh data showed Tokyo's core inflation jumped to a two-year high of 3.4% in April, complicating the Bank of Japan's efforts to navigate rising prices alongside mounting pressure from U.S. tariffs. Technology stocks led the advance, with notable gains from Disco (2.4%), Tokyo Electron (3.8%), and Advantest (3.7%). Index heavyweights such as Nintendo (2.2%), Nidec (12%), and Fujitsu (5.6%) also posted strong performances. Both the Nikkei and Topix are on pace to close the week higher, up 2.5% and 2.7%, respectively.

Source: Trading Economi

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