PT Rifan Financindo Berjangka - The Nikkei 225 Index climbed 0.5% to surpass 40,100, while the broader Topix Index gained 0.4% to 2,760 on Friday. This marked the fifth consecutive session of gains for Japanese stocks, supported by strong performances on Wall Street overnight.
The rally was driven by US President Donald Trump’s virtual address to the World Economic Forum, where he called for immediate interest rate cuts and urged Saudi Arabia to reduce oil prices. Investors are also closely monitoring the upcoming Bank of Japan monetary policy decision, where expectations are for another interest rate hike and upward revisions to the bank’s inflation forecasts.
On the data front, Japan’s core inflation rate surged to a 16-month high of 3% in December. Notable performers on the day included Mitsubishi Heavy Industries (+1.4%), Lasertec (+2.9%), and Nintendo (+2.5%). PT Rifan Financindo Berjangka.
Source: Trading Economics
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