Buffett's Japan trading houses lead gainers; Nikkei falls as Trump tariffs kicks in next week for Canada & Mexico - Tue 25 Feb 2025
Nikkei 225 Summary
Buffett's Japan trading houses lead gainers; Nikkei falls as Trump tariffs kicks in next week for Canada & Mexico - Tue 25 Feb 2025
Nikkei falls as Trump tariffs looks set to kick in next week for US neighbors Canada & Mexico, possibly impacting more countries from April.
Legendary investor Warren Buffett has indicated in his annual letter to Berkshire Hathaway shareholders on Saturday that he intends to increase his investments in Japan's five large trading houses: Mitsubishi Corp, Mitsui & Co, Sumitomo Corp, Itochu Corp and Marubeni Corp., leading to a surge in their stock prices today.
Leading losses were chipmakers Tokyo Electron and Advantest as the US works to impose more restrictions on ally Japan for their chip technology services to China.
Nikkei225 38,237.79 (-539.15 -1.39%) 113 up 110 down 2 flat
JGB 10YR 1.376% (-0.0511)
USD/JPY 149.73 (+0.05 +0.03%)
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