Japan’s stock market surged to a new peak on Friday, with the broad Topix index briefly touching 3,436.75.
Market Overview
The Topix closed up 0.2% at 3,423.06 after an intraday high, while the Nikkei rose 0.7% to end the day at 50,750.39. The week’s gain for the Nikkei was 2.5%, putting it on track for a 26% rise in 2025.
Bond Market Reaction
Japanese government bond yields fell slightly as investors expected the government to slow new debt issuance. This helped bond prices rise, which in turn supported the stock market.
Top Gainers and Losers
Among the stocks, Sapporo Holdings (a brewery) led gains with a 2.5% rise, followed by Disco, a maker of precision cutting tools, up 2.4%.
The biggest drop was Sumitomo Electric Industries, down 4.4%, with Mitsui Kinzoku, a supplier to the AI sector, falling 3%.
Looking Ahead
With only three trading days left in the month, investors are watching to see if the Nikkei can break the 51,000 level.
Remember, this is perspective, not a prediction. Do your own research before making any investment decisions.