Rifan Financindo - Japanese Stocks Struggle Amid Tariff Concerns
The Nikkei 225 and Topix indexes were mixed on Monday as global market sentiment was dampened by the looming threat of new U.S. tariffs.
On Sunday, U.S. President Donald Trump announced a blanket 25% tariff on all steel and aluminum imports, which will take effect today. At home, investors are looking ahead to key earnings reports this week, particularly from Honda and Nissan, following the fallout from integration talks between the two automakers.
Corporate earnings from SoftBank Group, Orix Corporation, Fujikura, Obayasha Corp and Shiseido are also in focus. In contrast, shares of technology firm DeNa Co jumped 23% on Monday after the company reported 12.1% revenue growth for the nine months ended December 2024, along with a return to profitability with operating profit of 21 million yen. Rifan Financindo.
Source: Trading Economics
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