The Nikkei 225 Index rose 0.32% to close at 39,028, while the broader Topix Index added 0.08%, reaching 2,714 on Tuesday, extending gains from the previous session. The gains followed US President Donald Trump’s decision not to impose new tariffs on his first day in office, easing concerns for Japanese exporters. However, investors remain cautious ahead of the Bank of Japan's upcoming monetary policy decision this week, as BOJ officials have hinted at a potential rate hike. Such a move would raise Japan's short-term borrowing costs to 0.5%, the highest level since the 2008 global financial crisis. Export-driven companies led the rally, with Disco rising 5.9%, Toyota Motor gaining 0.2%, Tokyo Electron up 1.4%, Nintendo increasing 1.6%, and Fast Retailing advancing 1.1%. Meanwhile, Metaplanet fell 14.2% after surging more than 30% over the previous two sessions, tied to its Bitcoin-related activities.
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