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Japanese Shares Track Wall Street Higher
Friday, 9 May 2025 08:03 WIB | NIKKEI |Nikkei 225TopixSaham Jepang

The Nikkei 225 Index jumped 1.2% to above 37,300 while the broader Topix Index gained 0.9% to 2,720 on Friday, with Japanese shares hitting six-week highs, tracking a rally on Wall Street overnight as President Donald Trump unveiled a trade deal with the UK, the first since the US imposed sweeping tariffs last month.

On the domestic front, investor sentiment was buoyed by data showing a stronger-than-expected rise in personal spending in March, signaling resilience in consumer demand. However, a continued decline in real wages—down for the third consecutive month—tempered optimism about the broader economic outlook.

Among notable gainers were IHI Corp (+3.8%), Advantest (+2.3%), Fast Retailing (+2.0%), Kawasaki Heavy Industries (+1.9%), and Toyota Motor (+1.1%). For the week, both the Nikkei and Topix are on track to post gains of over 1%.

Source : Trading Economics

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