Published on 04/06/2026 at 02:42 am EDT
(MT Newswires) -- Japanese shares ended higher on Monday after the International Monetary Fund backed the Bank of Japan's gradual rate hike path, citing resilience in the domestic economy despite global shocks.
The Nikkei 225 rose 0.55%, or 1,198.06 points, to close at 48,625.88.
The International Monetary Fund said Japan's economy is growing above potential on strong demand, though inflation continues to erode real incomes.
Growth is seen holding up in 2026 before slowing to about 0.8%, while inflation is expected to align with the Bank of Japan's target by 2027. The IMF backed gradual rate increases and urged fiscal caution.
Toyoborose 3% after outlining a 2030 plan targeting ROE above 8% and stronger cash flow while pivoting to growth areas. Meanahile, Okuwa fell 2% after scrapping its 7 billion yen FY27 profit target and current plan on a weaker outlook and cost pressures.
Pan Pacific International climbed 5% after agreeing to acquire Olympic Group via share exchange to drive expansion and synergies.
Sumber : MT Newswires
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