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 TOP NEWS

Indonesia News Portal for Traders | Financial & Business Updates

28 August 2025 13:54  |

Buffett Boosts Japanese Stocks

Japanese stocks rallied after Berkshire Hathaway increased its stake in Mitsubishi Corp., fueling positive sentiment and boosting interest in value stocks. The TOPIX rose 0.7% to 3,089.78, while the Nikkei also added 0.7% to 42,828.79 at the close of trading in Tokyo.

The biggest surge occurred in sōgō shōsha (trading house) stocks after Mitsubishi confirmed Berkshire's stake had surpassed 10%. Analysts believe the "Buffett effect" remains strong, and expectations of foreign investors buying Japanese equities continue to rise.

Market gains were tempered after Nvidia provided a tepid revenue forecast, signaling a slowdown in growth after the AI ​​spending boom of the past two years. Despite uncertainty surrounding China, performance outside that segment was considered to be good and did not trigger major negative shocks. (ayu)

Source: Newsmaker.id

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