Japan's Topix rallies 2% to record high in trade deal afterglow
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 24 2025
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Source: Reuters
Record Highs for Japanese Indices: Japan's Topix index reached a record high of 2,984.25 and the Nikkei share average hit a one-year peak of 42,004.92 following a new trade deal with the U.S. that reduced tariffs on autos.
Positive Market Outlook: Analysts view the tariff agreement favorably for Japanese equities, particularly benefiting banks, which surged due to expectations of potential interest rate hikes by the Bank of Japan later this year.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
