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Japanese stocks broadly rose on Friday, with BAYCURRENT and SHIFT Software surging over 16% due to strong earnings reports.
On Friday, the Nikkei 225 index rose by approximately 1.7%, and the Topix index increased by 1.8%. Management consulting giant BAYCURRENT saw its stock price surge by 17.25% to an all-time high, following the release of its first-half fiscal year earnings report after market close yesterday, which showed a significant 28.5% increase in operating profit and ambitious future plans. Japanese software testing and quality assurance leader SHIFT also experienced a stock price jump of 16.52% due to strong financial results and impressive performance guidance.
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