ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Tokyo investors weigh expected fruits of Japan-EU deal

Tariff removal prospects buoy auto, trader stocks, but earnings boost unclear

The Japan-EU trade pact lifted Subaru and other automobile stocks, but Japanese automakers may lack the European market share to maximize the deal's benefits.

TOKYO -- The breakthrough leaving Japan and the European Union set to agree Thursday on the outline of a trade pact lifted stocks here Wednesday, but skepticism persists as to how much the bilateral deal could benefit Japanese companies.

The Nikkei Stock Average closed above 20,000 for a 13th straight session Wednesday, rising 0.25% to 20,081. The index dipped below 19,900 temporarily but rallied on the news of the economic partnership agreement.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more