The Nikkei 225 rose about 804 points in morning trading. Supported by a friendly mood at the US-China meeting and buying to secure rights to interim dividends, it remained firm despite volatility stemming from higher interest rates and the yen’s depreciation against the dollar.
The Nikkei 225 extended its gains in the Tokyo stock market on the morning of the 25th, trading 804.15 points higher than the previous day at 66,318.14. Despite market volatility, including rising long-term interest rates and the ongoing depreciation of the yen against the dollar, buying to secure rights to interim dividends supported the stock market. The end of the US-China meeting on a friendly note also improved investor sentiment.
In the Tokyo market, buying led from immediately after the opening, and the Nikkei 225 briefly rose to around 850 points higher. In afternoon trading, the index held around that level and ultimately ended substantially higher than the previous day.
The move is believed to have been driven by expectations of improved US-China relations, together with buying related to Japanese companies’ interim dividend rights, which pushed up share prices. Market participants are watching interest-rate and foreign-exchange trends while assessing the direction of short-term funds.
Looking ahead, developments in US-China relations, companies’ dividend-related trends, and movements in interest rates and foreign exchange are said to have the potential to affect the Nikkei 225’s longer-term direction, although the article does not specify any concrete future dates or amounts.