Nikkei extend losses on ex-dividend & incoming April tariffs; Wall Street falls on sticky inflation - Fri 28 Mar 2025

Nikkei 225 Summary
Nikkei extend losses on ex-dividend & incoming April tariffs; Wall Street falls on sticky inflation - Fri 28 Mar 2025

Nikkei falls in a broad-based selloff as the majority of corporations go ex-dividend today; incoming tariffs from 3 April added to the pain.

Tokyo March CPI increased by 0.2% from Feb to 2.4%, increasing the chances that BOJ may hike rates earlier than expected.   

Railway operator Keio Corp (+2.79%) bucks the downtrend to lead gainers.

Cybersecurity firm with drive encryption solutions Zenmutech debuted on Thursday at 1,580 yen and surged to 5,500 (+3,920, +248%) Friday amid intense buying interest.

Meanwhile, Wall Street slips as Feb core inflation increased by 0.4%, more than expected, bringing the yearly inflation to 2.8%, dampening hopes of Fed a rate cut soon.

Nikkei futures down to 36,300 (-710 -1.91%) suggesting a negative open next Monday.

Nikkei225  37,120.33 (-679.64 -1.80%) 19 up 206 down 0 flat

JGB 10YR   1.539% (-0.05)            

USD/JPY    149.81 (-1.24 -0.8277%)


 

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