Japanese Shares Gain After BOJ Rate Hold

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The Nikkei 225 Index rose 0.29% to close at 53,847, while the broader Topix Index added 0.37% to 3,613 on Friday, extending gains from the previous session after the Bank of Japan held its policy rate steady at 0.75%, as widely expected.
The central bank reiterated that it will raise rates if economic and price developments evolve in line with its projections, while Governor Kazuo Ueda said officials will closely monitor the impact of yen weakness on inflation.
The decision comes as Japan prepares for a snap election that could pave the way for increased fiscal spending under Prime Minister Sanae Takaichi.
Key gainers included Advantest (+3%), Nintendo (+4.5%), JX Advanced (+3.1%), Mitsubishi UFJ (+0.6%), and Toyota Motor (+1.1%).
Japanese equities also drew support from Wall Street's gains after US President Donald Trump rolled back proposed tariffs on European countries following a framework agreement with
NATO
on a potential future Greenland deal.

Sumber : Trading Economics

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