Japan Stock Market Outlook for November 20, 2025: 10 Things to Watch Before the Nikkei Opens
As Tokyo investors get ready for Thursday’s (20 November 2025) cash session, the backdrop is one of rising bond yields, a softening Nikkei, a sliding yen, and geopolitical stress with China — all layered on top of tonight’s Nvidia earnings in the U.S. Below is a structured briefing on what you should know before the Japan stock market opens. Key Points at a Glance 1. How Tokyo Traded on November 19 Equity performance Winners and losers Drivers Going into Thursday’s open, positioning looks cautious: the market has already de‑rated from recent highs, but volatility remains elevated and sellers are still