Key Facts
• July 8: Nikkei 225 closed at 39,688.81, up 101.13 points from the previous day.
• U.S. announced 25% tariffs on Japanese and South Korean imports starting August 1.
• Tariff rate unchanged from April’s 24%, with extended negotiation deadlines easing concerns.
• Dollar strengthened against yen, boosting export-sensitive stocks.
• Nikkei peaked at 39,816.27 before trimming gains due to ETF-related selling.
• Topix index rose 0.17% to 2,816.54; trading value reached ¥4.54 trillion.
• Advantest (+2.53%), TDK (+3.03%), and Sumitomo Electric (+7.97%) led gains.
• Nissan fell 6.35% after announcing ¥750 billion bond issuance.
• 20 of 33 sectors gained, including non-ferrous metals and precision instruments.
• Growth 250 Index climbed 1.98% to 732.29, marking a three-day rally.
Summary
The Nikkei 225 rebounded on July 8, closing at 39,688.81, up 101.13 points, as concerns over U.S. tariffs on Japanese imports eased. The unchanged 25% tariff rate and extended negotiation deadlines provided relief, driving gains in export-sensitive stocks. The dollar’s strength against the yen further supported the market. However, gains were trimmed due to ETF-related selling. The Topix index also rose 0.17% to 2,816.54, with trading value reaching ¥4.54 trillion. Key performers included Sumitomo Electric (+7.97%) and TDK (+3.03%), while Nissan dropped 6.35% following a major bond issuance announcement. Overall, 20 of 33 sectors advanced, with notable strength in non-ferrous metals and precision instruments. The Growth 250 Index extended its rally, rising 1.98% to 732.29.
