Wednesday, February 5, 2025

Nikkei Rises 0.9%, Led by Brokerage, Electronics Shares


 

PT Rifan Financindo Berjangka - Japanese stocks rose on concerns about trade tensions between the U.S. and its trading partners. Brokerage and electronics shares led the gains. Nomura Holdings rose 6.6% after its nine-month net profit more than doubled.Renesas Electronics rose 8.8% after fourth-quarter results.


USD/JPY was at 152.63, compared with 153.27 at the close of the Tokyo Stock Exchange on Wednesday. Investors were watching developments on U.S. tariffs and domestic earnings. Itochu and Fujifilm Holdings are scheduled to report quarterly earnings later in the day. The Nikkei Stock Average was up 0.9% at 39,180.28. PT Rifan Financindo Berjangka.


Source: Bloomberg


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