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Japan's Topix hits record high as Asia-Pacific stocks climb on trade deal optimism
Thursday, 24 July 2025 07:36 WIB | MARKET UPDATE |Asia

Asia-Pacific markets opened higher as the latest trade developments between the U.S. and Japan, as well as positive signs for a deal with the European Union, spurred investor optimism.

Overnight in the U.S., the S&P 500 climbed 0.78% to a record close of 6,358.91 — its 12th of the year.

Japan's broad-based Topix rose 1.2% to hit a record high in early Asia trading hours, data from LSEG showed.

The benchmark Nikkei 225 rose 1.09%, extending gains from Wednesday following the announcement of Japan's trade deal with the U.S.

South Korea's Kospi rose 1.17% at the open, and the Kosdaq Index inched 0.64% higher.

Australia's S&P/ASX 200 rose 0.15%.

Source: CNBC

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