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Japanese Stocks Rise Despite Inflation Surge; Indian Markets Struggle

2/21/2025

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Summary

Story summary

Japanese shares climbed on Friday, with the Nikkei 225 up 0.30%, despite inflation soaring to a 19-month high of 3.2%. Manufacturing PMI showed a slight uptick at 48.9, while services PMI strengthened to 53.1. Meanwhile, Indian markets brace for a shaky start, weighed down by global challenges like Walmart's stock drop and a weakening dollar.

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Story summary

Japanese shares climbed on Friday, with the Nikkei 225 up 0.30%, despite inflation soaring to a 19-month high of 3.2%. Manufacturing PMI showed a slight uptick at 48.9, while services PMI strengthened to 53.1. Meanwhile, Indian markets brace for a shaky start, weighed down by global challenges like Walmart's stock drop and a weakening dollar.