Published on 07/10/2025 at 02:51
(MT Newswires) -- Japanese shares closed lower on Thursday as investor sentiment weakened after US President Donald Trump announced a 50% tariff on copper, set to take effect on Aug.1.
The Nikkei 225 rose 0.44%, or 174.92 points, to end at 39,646.36.
Trump issued new tariff demands on Wednesday, including one of the highest rates yet for Brazil, citing the treatment of former President Jair Bolsonaro and urging authorities to drop coup-related charges against him.
In economic data, Japan's producer price index rose 2.9% on year in June, down from 3.3% in May, and slipped 0.2% month-on-month, Bank of Japan data showed Thursday.
Export prices fell 1.6% and import prices dropped 6.1% on year.
On the corporate front, Seven Bank recorded 92.8 million ATM transactions in June, averaging 110.6 daily uses per machine. Its shares fell marginally.
Fuji Corpreported a 5% drop in June same-store sales, while total revenue rose 3% after applying new accounting standards. Online sales fell 5%, service labor fees rose 5%, and parts sales dropped 10%.
Pro-Ship will execute a two-for-one stock split on Oct. 1, doubling issued shares to 31.3 million. The authorized share count will increase to 120 million, and its 9th stock option exercise price will be halved to 890 yen.

Sumber : MT Newswires