financetom
World
financetom
/
World
/
Japan's Nikkei rises to 44,000 for first time on trade, spending optimism
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Japan's Nikkei rises to 44,000 for first time on trade, spending optimism
Sep 8, 2025 6:08 PM

TOKYO (Reuters) -Japan's Nikkei share average climbed past 44,000 for the first time on Tuesday as optimism over trade and potential increases in stimulus spending spread through the market.

The Nikkei 225 Index jumped 0.9% to 44,018.78 in early trading, set for a record high. The broader Topix was up 0.4%.    

U.S. tariffs on Japanese autos are set to be lowered by September 16, Japan's chief tariff negotiator Ryosei Akazawa said in an X post on Tuesday, clearing up ambiguity over a trade deal in July.

Shares continued strong gains from Monday following a resignation announcement from fiscal hawk Prime Minister Shigeru Ishiba. Sanae Takaichi, a proponent of government stimulus and monetary easing, has decided to run in the Liberal Democratic Party's leadership race, Kyodo news agency reported late on Monday, citing sources familiar with the matter.

There were 144 advancers on the Nikkei index against 77 decliners.

The largest percentage gainers in the gauge were Advantest, up 6.7%, followed by Tokuyama, which gained 5%.

The largest losers in the index were Citizen Watch down 5.8%, which is set to be removed from the Nikkei in October, followed by Takeda Pharmaceutical, which slid 2.4%. 

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
China yuan falls to four-month low, state banks step in
China yuan falls to four-month low, state banks step in
Mar 21, 2024
(Updates to midday) SHANGHAI, March 22 (Reuters) - China's yuan declined to a four-month low against the dollar on Friday, breaching a key threshold and prompting state-owned banks to step in to defend the currency. In the spot market, the onshore yuan fell to the weak side of the psychologically important 7.2 per dollar level to hit a low of...
GLOBAL MARKETS-Asia shares on a roll as SNB kicks off rate cuts
GLOBAL MARKETS-Asia shares on a roll as SNB kicks off rate cuts
Mar 21, 2024
SINGAPORE, March 22 (Reuters) - Asian stocks were near a weekly gain on Friday and the Nikkei charged to a record high, riding a rally from its global counterparts after a surprise rate cut from the Swiss National Bank had investors wagering who could be next. The SNB's 25 basis point rate cut on Thursday proved a shot in the...
Asia shares on a roll as SNB kicks off rate cuts
Asia shares on a roll as SNB kicks off rate cuts
Mar 21, 2024
SINGAPORE (Reuters) - Asian stocks were near a weekly gain on Friday and the Nikkei charged to a record high, riding a rally from its global counterparts after a surprise rate cut from the Swiss National Bank had investors wagering who could be next. The SNB's 25 basis point rate cut on Thursday proved a shot in the arm for...
GLOBAL MARKETS-China gloom sucks life out of Asia's rate cut cheer
GLOBAL MARKETS-China gloom sucks life out of Asia's rate cut cheer
Mar 21, 2024
(Recasts to lead on Chinese markets, updates prices) By Rae Wee SINGAPORE, March 22 (Reuters) - Chinese stocks were a sea of red on Friday and the yuan fell sharply, dragging down the broader mood in Asia and putting a dent in the rate cut rally after a surprise move from the Swiss National Bank had investors wagering on who...
Copyright 2023-2025 - www.financetom.com All Rights Reserved