MHI leads Nikkei after winning 6.5bln Australian Navy contract; Wall Street falls on weakening services sector - Tue 5 Aug 2025

Nikkei 225 Summary
MHI leads Nikkei after winning 6.5bln Australian Navy contract; Wall Street falls on weakening services sector - Tue 5 Aug 2025

Mitsubishi Heavy Industries (+5.72%) leads gainers after winning a $6.5 billion contract to jointly develop 11 new frigates with the Australian Navy. 

Meanwhile, Wall Street falls after the Institute for Supply Management's purchasing managers' index for services unexpectedly contracted in July, stoking fears of a weakening economy amid sticky inflation. 

Nikkei225  40,549.54 (+258.84 +0.64%) 169 up 54 down 2 flat

JGB 10YR   1.474% (-0.035)            

USD/JPY    147.63 (+0.55 +0.37%)


 

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