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Asian stock markets: Tokyo alone in green

The Nikkei index jumped from 1.85% to 41,820 points at the end (06:30 GMT) and the Enlagian Topix index increased by 1.21%, to 3024 points.

The Tokyo Stock Exchange was the only Asian squares to have finished the week in the green on Friday, reassured by Japanese details on the application of American customs surcharges.

The Nikkei index jumped from 1.85% to 41,820 points at the end (06:30 GMT) and the Enlagian Topix index increased by 1.21%, to 3024 points.

Conversely, the other main Asian places were all in the red at the end of the session. In Hong Kong, the Hang Seng index lost 0.94%, in Seoul, the Kospi index sold 0.55%and Sydney suffered a slight drop of 0.27%.

Shanghai’s SSE Composite index ended up in a very slight withdrawal (-0.12%).

Since Thursday, surcharge between 15% and 41% have replaced, for the main trade partners of the United States, the customs duties of 10% implemented in April, which however remain in force for more than a hundred countries.

But Tokyo and Washington seem to disagree on the terms of their own agreement, such as whether taxes on Japanese cars will be lowered to 15%.

The two countries also seem to diverge on the question of whether the new law of 15% on Japanese products is added to existing taxes or – as for the EU – capped at this level for many products.

Japanese negotiator Ryosei Akazawa said Thursday since Washington that the United States should revise its prescription so that the new law is not added to those existing, as provided for by the agreement.

Sony always increasing

In the wake of his embellished the day before, the Japanese giant of entertainment Sony continued its flight by taking another 3.49%.

The company had noted its 2025-2026 2025-2026 tax forecast for 5.7 billion euros on Thursday.

Companies linked to the semiconductive market have still behaved well on this long weekend in Japan on Monday being a holiday to celebrate the day of the mountain.

At the end of the session, Tokyo Electron, a major manufacturer of equipment for flea production, returned to 1.28%. The semiconductor manufacturer Renesas finished the session up 0.40%.

Also in Tokyo, the manufacturer of Disco Corp precision equipment took 1.14% and the supplier of Sumco silicon plates climbed by 0.66%.

Oil still in red

After a sixth consecutive session down on Thursday, oil was still in red Friday around 8:20 GMT. The price of the barrel of Brent from the North Sea released 0.09%, to 66.37 dollars and the barrel of American WTI ceded 0.22% to 63.74 dollars.

The speakers consider globally that the evolution of discussions between the United States and Russia will not succeed in a frank Cup of Russian crude exports.

The dollar was worth 147.23 yen around 08:20 GMT and the Euro 171.64 yen.

aspen.coleman
aspen.coleman
Aspen climbs Colorado fourteeners with scientists to report altitude-medicine breakthroughs firsthand.
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