Japanese Shares Rise for Third Session
The Nikkei 225 climbed 0.27% to 45,755 while the Topix added 0.47% to 3,185 on Thursday, marking a third straight day of gains as investors brushed off a tech-driven selloff on Wall Street. US equities fell for a second session overnight on concerns about record-high valuations, complex interdependencies in the AI sector and uncertainty over the Federal Reserve's policy path.
Domestically, minutes from the Bank of Japan's July meeting indicated policymakers remain inclined to raise rates further if economic and price conditions evolve as expected. Investors now await Friday's Tokyo inflation figures, a key gauge of nationwide trends, for additional policy signals. Index heavyweights led the advance, with SoftBank Group (3.1%), Disco Corp (3%) and Tokyo Electron (1.7%) posting strong gains.(Ads)
Source: Newsmaker.id