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Indonesia News Portal for Traders | Financial & Business Updates

7 January 2025 07:17  |

Nikkei Rises 0.9%, Led by Tech, Electronics Stocks

Japanese stocks are higher, led by gains in tech and electronics stocks, as a weak yen raises hopes for earnings growth. Tokyo Electron Ltd. is up 5.3% and SoftBank Group is 3.1% higher. USD/JPY is at 157.91, compared with 157.71 as of Monday's Tokyo stock market close.

Investors are closely watching any comments on the yen's recent depreciation from Japanese government officials, as well as any further escalation in U.S.-China trade tensions. The Nikkei Stock Average is up 0.9% at 39664.75.

Source: Bloomberg

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