Japanese Market Significantly Higher
Friday, May 02, 2025       09:00 WIB

( RTTN ews) - Extending the gains in the previous six sessions, the Japanese market is significantly higher on Friday, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving up to near the 36,900 level, with gains in index heavyweights, automakers and exporters partially offset by weakness in financial stocks.
The benchmark Nikkei 225 Index is up 434.35 points or 1.19 percent to 36,886.65, after hitting a high of 36,976.51 earlier. Japanese shares ended notably higher on Thursday.
Market heavyweight SoftBank Group is gaining more than 1 percent and Uniqlo operator Fast Retailing is adding more than 2 percent. Among automakers, Toyota is gaining more than 2 percent and Honda is advancing more than 3 percent.
In the tech space, Advantest is losing almost 1 percent and Screen Holdings is edging down 0.2 percent, while Tokyo Electron is gaining more than 2 percent.
In the banking sector, Sumitomo Mitsui Financial, Mizuho Financial and Mitsubishi UFJ Financial are all declining more than 1 percent.
Among the major exporters, Sony is gaining more than 1 percent, while Panasonic and Canon are adding more than 2 percent each. Mitsubishi Electric is losing almost 1 percent.
Among other major gainers, Yamato Holdings is surging more than 5 percent and Daikin Industries is gaining more than 4 percent, while Otsuka Holdings, Socionext and Shin-Etsu Chemical are adding almost 4 percent each. Subaru, OKUMA, Sumitomo Pharma, ZOZO , Hino Motors, Oriental Land, Olympus and Daiichi Sankyo are all advancing almost 3 percent each.
Conversely, Seiko Epson is losing more than 5 percent and Resona Holdings is declining almost 3 percent.

Sumber : RRTNews