Japan’s Topix stock index reached an all-time high on Friday. Easing concerns about the nation’s debt provided a boost to shares. The government approved a record budget for the next fiscal year. This budget aims to balance proactive fiscal policy and debt management. Benchmark Japanese government bonds also gained slightly. This indicates a positive outlook for the Japanese stock market.
RR Kabel shares jump 10% as Q1 PAT surges 129% YoY, Ebitda doubles
RR Kabel reported a strong June-quarter performance, with profit after tax surging 129% year-on-year and Ebitda nearly doubling, driven by robust growth in its Wires