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As on : 27-Feb-2025
Market Commentary - Foreign Markets
27-Feb-2025     16:20

Japanese shares see modest gains on a weaker yen

Japanese markets eked out modest gains as a weaker yen helped lift export-related stocks. The Nikkei average rose 0.30 percent to 38,256.17 while the broader Topix index settled 0.73 percent higher at 2,736.25. Shares of convenience store operator Seven & i Holdings plummeted 11 percent after the founding Ito family of the company failed to secure financing for a $58 billion management buyout.

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