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As on : 27-May-2025
Market Commentary - Foreign Markets
27-May-2025     15:37


Japanese markets end higher as yen weakened

Japanese markets reversed course to end higher as the yen weakened and yields fell on super long-dated bonds ahead of a bond auction, with media reports suggesting that the finance ministry might issue fewer super-long bonds.

The Nikkei average rose 0.51 percent to 37,724.11 while the broader Topix index settled 0.64 percent higher at 2,769.49. Recruit Holdings, Sony and SoftBank Group all gained around 2 percent.

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