US President Donald Trump on Tuesday announced that the US has finalized a trade agreement with Japan, including 15 per cent of US tariffs on Japanese imports and an investment plan of $ 550 billion. Earlier, Trump had warned Japan that if the conversation failed, 25 percent tariff would be implemented from 1 August. Trump posted on his Truth social platform that we have just cracked a big deal with Japan, perhaps this is the biggest deal ever. According to his statement, the agreement is the condition that Japan, on my instruction, will invest $ 550 billion in the US, which will benefit the US 90 percent.
After this deal, the market of Japan is seeing a boom. Nekkai is seeing an increase of 3.50 percent. The special thing is that the stocks of Japan’s largest company Toyota have seen more than 16 percent and the company’s market cap has seen 6.5 lakh crore yen i.e. about 4 lakh crore rupees. Let us also tell you what kind of Kayani is telling Nekkai and Toyota figures.
Japani stock market boom
Japan’s stock market is seeing a tremendous boom due to the trade deal between the US and Japan. Nekkai, the major index of the Japanese stock market, is seeing a rise of 3.51 per cent and is trading at 41,171.32 points. Whereas during the business session, Nekkai reached a record high of 52 weeks with 41,342.59 points. By the way, Nekkai was opened with 40,189.18 points this morning. A day before Nekkai closed at 39,774.92 points. According to experts, there can be more increase in Nekkai in the coming days.
Shares of Japan’s largest company boom
On the other hand, with the deal with the US, the shares of Japan’s largest company Toyota are getting a good rise. Currently, the company’s stock is trading at 2,854.50 yen with a gain of 14.34 per cent. During the business session, the company’s stock reached a high of about four months with 2,905 yen. By the way, the company’s stock was opened with 2660 yen. Whereas a day earlier the company’s stock closed with 2496.50 yen. By the way, Toyota’s stock has seen a decline of more than 5 percent in the current year. Whereas in a month, the share of the company has given 14.48 percent returns to investors.
Company benefited about 4 lakh crores
Due to the rise in Toyota’s shares, the company’s market cap has benefited about 4 lakh crore rupees. According to the data, a day before the company’s market cap was 39.88 lakh crore yen i.e. 2,34,41,80,84,000 crore rupees. Which increased to 46.40 trillion yen i.e. Rs 2,72,84,75,20,000 on Budhwar. This means that the company’s market cap has seen a benefit of about 4 lakh crore rupees during the business session. Let us tell you that Toyota is not only of Japan but one of the largest companies across Asia.