15 August 2025, 05:22 Japan: Shares Rise on GDP Surprise.
The Nikkei 225 Index climbed 0.5% to above 42,800, while the broader Topix Index advanced 0.75% to 3,080 on Friday, rebounding from the prior session’s losses as stronger-than-expected GDP data lifted sentiment. Japan’s economy expanded 0.3% in the second quarter, accelerating from a 0.1% growth in Q1 which was also the consensus forecast. The upside surprise driven mainly by net exports, which added 0.3 percentage points to growth despite headwinds from US tariffs. Globally, a hotter-than-expected US producer price inflation reading tempered bets on a supersized half-point Federal Reserve rate cut next month. Among top movers, Lasertec rose 4.4%, Mitsubishi UFJ jumped 5%, SoftBank Group added 1.3%, Sumitomo Mitsui gained 3.7%, and Tokyo Electric climbed 1.3%.
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