FX.co ★ Japanese Shares Gain on Tech Boost

On Tuesday, the Nikkei 225 Index saw an increase of 0.55%, closing at 39,678, while the broader Topix Index inched up by 0.09% to settle at 2,825. This rise marked a recovery from the losses experienced in the previous trading session, with technology stocks spearheading the resurgence. The upswing occurred in reaction to advances in US stock futures, which followed reports that Nvidia plans to restart sales of its H20 graphics processing unit to China. This development came shortly after CEO Jensen Huang, currently visiting Beijing, held a meeting with President Donald Trump. Meanwhile, on the domestic front, investors are keenly monitoring forthcoming trade and inflation data, as they could provide fresh insights into the effects of US tariff threats on Japan’s export-dependent economy. Among the leading tech performers were Disco, up by 4.5%, Advantest, rising 1.8%, Fujikura, increasing by 4%, Lasertec, up by 2.1%, and Tokyo Electron, which climbed 3.5%. Gains were also observed in consumer and financial sectors, with Fast Retailing advancing by 1.8% and Mitsubishi UFJ gaining 0.3%.