Nikkei Rises 0.7%, Tech Leads
Japanese stocks rose early in the session, with the Nikkei rising 0.7% to 48,069.81, led by technology and electronics stocks. A weaker yen helped ease concerns about the impact of US tariffs on exporters' earnings. Kioxia jumped 8.3%, SoftBank Group rose 4.5%, and Tokyo Electron added 1.4%.
In the currency market, USD/JPY was at 152.60 (vs. 152.45 at Wednesday's close), confirming support for export-oriented stocks. Investors were also watching for potential policy moves by Sanae Takaichi after her election as the new LDP leader.
Key points
Nikkei +0.7% to 48,069.81
Tech/electronics led the rally (Kioxia +8.3%, SoftBank +4.5%, Tokyo Electron +1.4%)
Yen weakens: USD/JPY 152.60 - supporting exporters
Markets await Takaichi's policy direction. (az)
Source: Newsmaker.id