Japan’s Topix rises on oil price drop

TOKYO: Japan’s broad Topix gauge of shares climbed for a sixth straight session on Monday as a decline in oil prices and positive momentum in global markets boosted investor sentiment.

The Topix gained 0.50 percent to close at 4,084.74, marking its longest winning streak since August 2025. The benchmark Nikkei 225, which is heavily weighted by tech shares, struggled for direction, closing flat at 69,737.69.

Investors kept a cautious eye on the outlook for central bank policy, with the Federal Reserve signalling a hawkish stance under Chair Kevin Warsh, while the Bank of Japan is expected to continue tightening.