The Nikkei 225 Index climbed 0.71% to close at 37,053, while the broader Topix Index edged up 0.65% to 2,716 on Friday, as investors snapped up beaten-down technology stocks. Despite the rebound, market sentiment remained fragile amid escalating global trade tensions. In the latest trade dispute, US President Donald Trump threatened to impose a 200% tariff on all alcoholic products from the European Union, retaliating against the bloc’s 50% tariff on American whiskey. Meanwhile, investors continued to monitor Bank of Japan policy signals, as Governor Kazuo Ueda reaffirmed plans to reduce the central bank’s massive balance sheet. Leading the tech rally were Fujikura (8.1%), Advantest (+5.3%), Disco (+3.7%), SoftBank Group (1%), and Tokyo Electron (+0.8%). Still, the Nikkei and Topix indexes ended the week little changed, inching up 0.45% and 0.27%, respectively.
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