The Nikkei 225 and Topix indexes rose on Wednesday, with Japanese shares holding near a one-month high as optimism over potential US-China trade talks lifted market sentiment. Reports that senior US officials will meet with their Chinese counterparts in Switzerland this week fueled hopes for easing tensions, supporting gains across global markets. Investors are also monitoring developments in ongoing bilateral US-Japan trade talks, with Tokyo aiming to finalize a deal by June. Adding to the positive tone, Japan's services PMI for April was revised up, showing the strongest increase in new orders in nearly a year. Among the notable movers, Tokyo Electron rose 2.2%, Fujikura rose 1.3%, and Hitachi rose 3%. On the downside, Sony Group fell 4.2%, Kawasaki Heavy dropped 3%, and Toyota Motor dropped 2.1%. (Newsmaker23)
Source: Trading Economics
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