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Japan's Nikkei rises as US government set to reopen; Topix hits new high
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Japan's Nikkei rises as US government set to reopen; Topix hits new high
Nov 12, 2025 6:54 PM

TOKYO, Nov 13 (Reuters) - Japan's Nikkei share average

inched higher on Thursday, as the U.S. Congress voted to end the

historic federal shutdown, while the broader Topix index rose to

a fresh peak on value-buying.

The Nikkei rose 0.3% to 51,189.21 by 0154 GMT. The

Topix was up 0.63% at 3,380.53 after rising to a record

high of 3,389.12 earlier in the day, extending gains to a fourth

session.

A deal to end the longest government shutdown in U.S.

history cleared Congress on Wednesday, after the House of

Representatives voted to restart disrupted food assistance, pay

hundreds of thousands of federal workers and revive a hobbled

air-traffic control system.

In Japan, chip-related Advantest ( ADTTF ) rose 2.95% to

become the biggest source for the Nikkei's gain.

Fibre optic maker Fujikura ( FKURF ) advanced 4.36%, while

peers Furukawa Electric ( FUWAF ) and Sumitomo Electric

jumped 13% and 7%, respectively.

SoftBank Group fell 4.54% to weigh the most on the

Nikkei.

Bank shares rose, with Mitsubishi UFJ Financial Group ( MUFG )

climbing 1.83%. Sumitomo Mitsui Financial Group ( SMFG )

and Mizuho Financial Group ( MFG ) gained 1.19% and

2%, respectively.

"Investors started buying value stocks. This move is similar

to what is going on in the U.S.," said Kazuaki Shimada, chief

strategist at IwaiCosmo Securities.

Wall Street's main indexes closed mixed on Wednesday, with

the Dow Jones Industrial Average notching a record-high

close and the Nasdaq losing ground as investors rotated

out of pricey technology stocks.

"Money has started flowing to broader stocks and sectors in

Japan," Shimada said.

The utility sector jumped 2.33% and the brokerage

sector rose 2.15%.

Of the more than 1,600 stocks trading on the Tokyo Stock

Exchange's prime market, 64% rose, 30% fell and 4% traded flat.

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