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Japans Nikkei Rallies to Record High, SoftBank Surges
TOKYO, JAPAN, AUG 12 – The Nikkei 225 rose over 2% led by tech and major firms after Tokyo and Washington eased tariff fears, marking a 25% gain over five days, analysts said.
- Japan’s Nikkei 225 reached a record closing level of 42,718.172 following strong advances in technology shares in Tokyo.
- The rise followed easing trade tensions after the US promised tariff amendments and investor optimism fueled by easing US-China talks and possible interest rate cuts.
- Tokyo’s broader Topix gauge also hit record highs, while SoftBank shares soared over 7% to ¥14,845 amid advances in US tech and plans for a US listing of its PayPay unit.
- Shoichi Arisawa observed that the effects of U.S. tariffs have not been as severe as investors had anticipated, even though foreign investors sold a net 342 billion yen by August 1.
- The recent record rally reflects growing investor optimism toward Japanese companies, although recent figures from the Tokyo market show that foreign capital inflows might have reached their highest level and started to decline.
26 Articles
26 Articles
Japan's Nikkei index has reached a historic record this Tuesday, marking a remarkable milestone in the global stock market.This feat comes at a time when many markets in the world have recorded historic peaks this year, according to the original report. Analysts in Tokyo have shared their views on the surprising rise of Nikkei, highlighting a number of factors that have driven this rally.Shoichi Arisawa, General Manager of the Investment Researc…
Sony and Nintendo’s Tariff Resilience Makes Japan a New Safe Haven
Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Vlad Savov looks at the outburst of optimism about big tech names in Japan, where gaming and AI are fueling stocks to new highs.
Concerns about US tariffs have eased, while Donald Trump announced a 90-day extension of his trade truce with China.
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