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Japanese Stocks boosted by strong tech demand
29-Aug-26   11:07 Hrs IST

Japanese stocks rose on Friday, thanks to strong support from Wall Street after Nvidia’s positive sales outlook increased confidence in AI demand. The Nikkei 225 increased by 0.41% to 66,405, and the Topix climbed 0.72% to 4,147. Japan's unemployment rate dropped to 2.4% in July, the lowest in a year, while Tokyo's inflation rate reached a five-month high in August. Technology stocks performed well, with Advantest up 1.9%, Taiyo Yuden rising 3.9%, and Terra Drone jumping 12.4%. Mizuho Bank is suing Radiant World for alleged falsified documents, and Toyota struggled with declining vehicle sales for six months.

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