Overview
- The Nikkei 225 closed up 33.64 points at 48,659.52 on Nov. 25, reversing only slightly after stronger early gains.
- Intraday advances briefly topped 500 points and reclaimed the 49,000 mark before gains narrowed by midday and into the close.
- At 9:15 a.m. the index stood at 48,975.37, up 349.49, and the morning close was 48,815.27, up 189.39, underscoring the session’s volatility.
- Buying focused on semiconductor and AI names, tracking a U.S. tech-led rise and bets that the Federal Reserve will deliver additional rate cuts.
- The yen traded in the upper ¥156 per dollar range, around ¥156.66–68 late morning and ¥156.62–64 by 5 p.m., with moves shaped by rate-differential expectations and persistent fiscal concerns in Japan.