---
title: "Earnings, Wall Street Cues Lift Asian Stock Markets in Thin Holiday Trading"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284888353.md"
description: "Asian stock markets rose on Friday amid thin holiday trading, influenced by earnings reports and the closure of the Strait of Hormuz. The Nikkei 225 in Tokyo gained 0.4%, closing at 59,513.12, with Toto's shares up 18.4% and Alps Alpine down 15% following their earnings. Other markets, including the Australian ASX 200, also saw gains. However, Tokyo's core consumer price index rose only 1.5% year-on-year in April, the slowest in four years, remaining below the central bank's 2% target for the third consecutive month."
datetime: "2026-05-01T10:32:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284888353.md)
  - [en](https://longbridge.com/en/news/284888353.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284888353.md)
---

# Earnings, Wall Street Cues Lift Asian Stock Markets in Thin Holiday Trading

06:32 AM EDT, 05/01/2026 (MT Newswires) -- Asian stock markets gained on Friday in holiday-thinned trading, as traders weighed earnings reports against the backdrop of the Strait of Hormuz closure.

Tokyo finished in the green, while Hong Kong and Shanghai were closed on holiday.

Other exchanges in Bangkok, Mumbai, Seoul, Singapore, and Taiwan were also shuttered for May Day.

In Japan, the Nikkei 225 opened evenly and edged higher, finishing up 0.4% as traders weighed overnight record-high closes on Wall Street and a generally good earnings season.

The benchmark Nikkei 225 rose 228.20 to 59,513.12, although losing issues outnumbered gainers 121 to 102.

Leading the upside was plumbing fixtures maker Toto, up 18.4%, while electronics component company Alps Alpine declined 15%, with both moves following earnings reports.

In economic news, Tokyo's consumer price index-core (CPI-core), which strips out fresh food bills, rose 1.5% on year in April, the slowest pace in four years and below the central bank's 2% target for a third straight month.

On other regional exchanges, the Australian ASX 200 inclined 0.7%.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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