Monday, February 3, 2025

Nikkei Rises 1.6%, Led by Autos, Electronics Shares

 


Rifan Financindo - Japanese shares rose, led by gains in autos and electronics shares after the U.S. reached a deal with Mexico and Canada to delay new tariffs. Toyota Motor rose 3.1% and Canon Inc. gained 3.5%. USD/JPY was at 155.28, compared with 155.37 at the close of the Tokyo stock market on Monday.

Investors are focused on U.S. trade talks as well as domestic corporate earnings. Mitsui & Co. and Mitsubishi Heavy Industries are scheduled to report quarterly results later in the day. The Nikkei Stock Average rose 1.6% to 39,136.69. Rifan Financindo.


Source: Bloomberg

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