Tokyo stocks rise for 2nd day on strong earnings, weak yen-Xinhua

Tokyo stocks rise for 2nd day on strong earnings, weak yen

Source: Xinhua

Editor: huaxia

2025-08-06 18:24:30

TOKYO, Aug. 6 (Xinhua) -- Tokyo stocks extended gains for a second day on Wednesday, fueled by investor interest in companies reporting strong earnings and a weaker yen that boosted export-related shares.

The benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, closed up 245.32 points, or 0.60 percent, at 40,794.86 from the previous trading day.

Gains were led by real estate and machinery stocks after Mitsui Fudosan and Daikin Industries posted favorable results.

In the foreign exchange market, the yen weakened to the upper 147-per-dollar range, further supporting exporters like Toyota, Honda, Mitsubishi Heavy Industries, and Kubota.

The broader TOPIX index rose 30.03 points, or 1.02 percent, to 2,966.57.

On the Tokyo Stock Exchange Prime Market, advancing issues numbered 1,278, while 293 declined and 51 were unchanged.