Japanese Shares Advance on Strong Data
2026-02-18 07:07
By
Jam Kaimo Samonte
1 min. read
The Nikkei 225 Index rose 1.02% to close at 57,144 while the broader Topix Index gained 1.21% to 3,807 on Wednesday, recovering losses from earlier in the week as Japan reported strong export growth, boosting the broader economic outlook.
Prime Minister Sanae Takaichi was also formally reelected following a decisive electoral victory, shifting focus toward accelerating budget deliberations and implementing the trade agreement reached with US President Donald Trump.
Takaichi confirmed the first tranche of projects under Japan’s $550 billion investment pledge tied to the bilateral trade deal first announced by Trump.
Separately, the IMF urged Japan to continue normalizing monetary policy and avoid fiscal loosening, warning that reducing the consumption tax would “erode fiscal space and add to fiscal risks.” Financial stocks led the rally, with Mitsubishi UFJ Financial Group, Mizuho Financial Group, and Sumitomo Mitsui Financial Group advancing between 0.5% and 2.8%.