Tokyo stocks are heading into the Dec. 24, 2025 opening bell with a familiar end‑of‑year mix: supportive global risk sentiment after another strong U.S. session, but thin holiday liquidity and currency swings that could quickly cap upside—especially for Japan’s exporter‑heavy leaders. Early indicators point to a range‑bound start rather than a decisive breakout. A domestic preview projected the Nikkei 225’s expected range around 50,200–50,700, citing the tailwind from U.S. gains but also the pullback in overseas participation as global investors step away for Christmas. 注目株の株式新聞Web | ニュース・適正株価・銘柄情報Another widely followed pre‑market note likewise flagged a positive bias at the open on U.S. tech strength, while still framing the day as a holiday‑thinned, technical trading