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Tokyo opens cautiously as investors balance valuations and global uncertainty

Japanese equities opened Friday with limited direction as investors weighed solid domestic fundamentals against persistent global volatility. The Nikkei 225 began the session largely flat, reflecting cautious positioning ahead of upcoming economic data.

Measured start to trading
Early activity showed modest volumes, with investors reluctant to take strong directional bets. Defensive sectors attracted mild interest, offsetting weakness among exporters sensitive to currency movements.

Stock-specific moves
Consumer staples and utilities provided stability, while automotive and industrial names traded mixed. Technology stocks remained range-bound as traders awaited clearer signals from global semiconductor demand.

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Policy and currency considerations
The yen’s recent stability offered some support, though it also limited upside for exporters. Investors remain attentive to central-bank messaging, particularly any indication of policy normalisation later in the year.

Broader regional context
Tokyo mirrored the restrained tone seen across Asia, as markets collectively assessed slowing growth in parts of China and steady but unspectacular US economic momentum.

Near-term perspective
Market strategists anticipate sideways trading through the session unless external catalysts emerge. Attention will shift toward upcoming inflation figures and corporate guidance updates.

Newshub Editorial in Asia – 13 February 2026

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