Japanese Shares Extend Record-Breaking Rally
2025-10-31 00:45
By
Jam Kaimo Samonte
1 min. read
The Nikkei 225 jumped 2.12% to close at 52,411, while the broader Topix Index rose 0.94% to 3,332 on Friday, with Japanese stocks hitting fresh record highs amid a strong rally in technology shares.
The advance followed gains in US stock futures after upbeat earnings and sales forecasts from Apple and Amazon lifted sentiment across the tech sector.
Among top performers, Advantest gained 3.9%, SoftBank Group 2.9%, and Fujikura 1.8%.
Hitachi also surged 7.2% after reporting a 62% jump in first-half net income, while Socionext soared 16.7% on strong results.
In contrast, Nissan Motor tumbled 4.1% after the troubled carmaker forecast a 275 billion yen operating loss this year.
Meanwhile, investors continued to monitor the policy outlook as Bank of Japan Governor Kazuo Ueda said the economy is recovering moderately but warned that global trade policies could dampen growth and corporate profits.
Japanese markets will be closed on Monday for a holiday.