The Nikkei 225 climbed 0.89% to close at 44,768 and the Topix added 0.4% to 3,160 on Friday, with Japanese stocks hitting fresh record highs in line with Wall Street's overnight gains. On Thursday, all three major US indexes closed at all-time highs as signs of a cooling labor market and subdued inflation fueled expectations for deeper Federal Reserve rate cuts.
In Japan, investors continued to assess the Bank of Japan's policy path amid mixed economic signals and political uncertainty. Prime Minister Shigeru Ishiba recently announced his resignation, facing mounting pressure after last year's election defeat and widening rifts within the ruling party.
Among notable movers, Tokyo Electron surged 5.5%, while SoftBank Group and Advantest each advanced 1.8%. For the week, the Nikkei gained 4.8% and the Topix 2.77%.
Source: Trading Economics
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