FX168 Financial News Agency (Asia-Pacific) reported on Wednesday (December 25) that the Tokyo stock market rose slightly, with the weakening yen boosting the stock prices of export-focused Auto Manufacturers. However, due to the Christmas holiday, trading in overseas markets was light, resulting in overall low Volume.

By the close, the Nikkei 225 Index rose by 93.58 points, an increase of 0.24%, closing at 39,130.43 points. The broader Topix Index increased by 6.60 points, also up 0.24%, finishing at 2,733.86 points. #JapanMarket#

In the primary market, sectors that saw larger gains included Transportation Equipment, Non-Ferrous Metals, and Steel Industries.

In the Main Board market of the Tokyo Stock Exchange, among over 1,600 Stocks, 52% rose, 44% fell, and 3% remained unchanged.

Forex tradingIt was stated that due to investors adjusting their positions, the dollar briefly climbed to around 157.50 against the yen.

The Nikkei/Yen initially rose, supported by an overnight increase on Wall Street, but soon turned to decline as most investors chose to sit on the sidelines. However, with the depreciation of the yen, the stock market regained its upward momentum by the end of trading.

Meanwhile, Maki Sawada, a strategist from Nomura Securities' Investment Content Department, stated that the speech by Bank of Japan Governor Kazuo Ueda had a limited impact on the market, as the content did not provide much new information.

The Auto Industry increased by 2.9%, becoming the best-performing Sector among the 33 industry subsectors on the Tokyo Stock Exchange. Nissan Motor had the largest gain among the Stocks in the Nikkei/Yen, soaring 8.66%. Toyota Motor rose by 4.57%, becoming the largest contributor to the gains on the TSE Index.

Bank Stocks generally declined, with Mitsubishi UFJ Financial Group down 0.44% and Sumitomo Mitsui Financial Group down 0.56%.

"Retail investors are engaging in seasonal Ask, particularly in the Stocks of REITs. However, when stock prices drop to a certain level, they begin to buy back, betting that the market will rise in the next round," said Naoki Fujiwara, Senior General Manager of Shinkin Asset Management.

The Technology investment company SoftBank Group rose by 1.27%, becoming a major support for the Nikkei/Yen. The parent company of Uniqlo, Fast Retailing, increased by 0.26%.

Fumio Matsumoto, Chief strategy planner of Okasan Securities, stated that the market direction is unclear, and foreign capital is absent due to the holiday trading suspension. "During this period, local retail investors are the only active traders, but they are reluctant to engage in aggressive operations in the absence of foreign capital, and large-cap Stocks have not shown significant fluctuations."