Nikkei gains as property stocks and automakers edge higher - Tue 25 Mar 2025
Nikkei 225 Summary
Nikkei gains as property stocks and automakers edge higher - Tue 25 Mar 2025
Mitsubishi Estate (+4.81%) leads gainers on speculation that hedge fund Elliott Investment Management may be interested in building a stake in the company.
Toyota (+0.68%) leads automakers to edge higher as US President Trump hinted that impending tariffs, including those for automakers may be more targeted and the administration will likely be more flexible in its implementation.
Banks and defense stocks extend losses on profit taking while chipmakers had a mixed showing on possible tariff relief.
Meanwhile, Wall Street is trading relatively flat after Monday's strong recovery rally.
Nikkei225 37,780.54 (+172.05 +0.46%) 153 up 66 down 6 flat
JGB 10YR 1.577% (+0.038)
USD/JPY 149.70 (-0.99 -0.657%)
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