18.08.202500:51:10UTC+00Japanese Shares Scale Fresh Record Highs

On Monday, the Nikkei 225 Index increased by 0.3% to exceed 43,500, while the Topix Index saw a rise of 0.5% to reach 3,122. Both indices achieved record highs, driven by strong economic performance and robust corporate earnings. Recent data revealed that Japan’s economy expanded more significantly than anticipated in the second quarter, primarily bolstered by net exports despite challenges posed by US tariffs. The current earnings season has shown broad strength among corporations, further enhancing investor confidence.

On an international scale, attention is focused on the forthcoming meeting in Washington between US President Donald Trump and Ukrainian President Volodymyr Zelenskiy, aimed at progressing peace negotiations with Russia. Additionally, global market participants are keenly anticipating the Federal Reserve’s annual Jackson Hole symposium, seeking insights into potential future interest rate adjustments.

Among the notable gainers were Sanrio, which rose by 3.2%, Mitsubishi Heavy, up by 2.1%, and Fast Retailing, which saw a 1.5% increase.