Nikkei extend gains led by pharma stocks; IPO Zenmutech defies gravity; Trump hints at tariff war pause with China - Fri 18 Apr 2025
Nikkei 225 Summary
Nikkei extend gains led by pharma stocks; IPO Zenmutech defies gravity; Trump hints at tariff war pause with China - Fri 18 Apr 2025
Chugai Pharmaceutical (+17.54%) lead gainers after its weight-loss drug passed efficacy trials in USA; the mood is generally positive this Good Friday after Trump hints at a pause in the US-China trade war while Japan trade talks is progressing well.
Cybersecurity IPO Zenmutech (338A) which listed on Thu 27 March 2025 continues to work its magic, making an all time high of 9,970 yen today (+17.71%) from its IPO price of 1,580 yen - a return of 531% (+8,390).
Meanwhile, Wall Street will likely attempt to extend its modest gains next Mon as Trump hints of a pause in the US-China tariff war.
Nikkei225 34,730.28 (+352.68 +1.03%) 181 up 41 down 3 flat
JGB 10YR 1.271% (-0.042)
USD/JPY 142.23 (-0.18 -0.1264%)
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