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Nikkei 225 Tops 62,000 as Major Japanese Stocks Post Double-Digit Gains

BeInCrypto
Japan's Nikkei 225 index hit a record 62,000 points, driven by significant gains in major tech and electronics stocks following Golden Week.

Summary

The Nikkei 225 index surged past 62,000 for the first time, fueled by a 5% rally that saw companies like Ibiden, SoftBank Group, and Mitsui Kinzoku record double-digit gains. This market movement followed the Tokyo Golden Week holidays, allowing Japanese investors to react to recent strong performances in the US tech sector. While other Asian markets showed modest growth, investor attention remains focused on global AI momentum and the unfolding geopolitical developments regarding US-Iran negotiations.

(Source:BeInCrypto)