financetom
Market
financetom
/
Market
/
Japan's Nikkei jumps on renewed hopes for Middle East peace
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Japan's Nikkei jumps on renewed hopes for Middle East peace
Jun 11, 2026 5:54 PM

TOKYO, June 12 (Reuters) - Japan's Nikkei share average

jumped more than 4% on Friday as investors scooped up stocks on

renewed hopes for peace in the Middle East after U.S. President

Donald Trump said he had cancelled planned strikes against Iran.

The Nikkei was up 4.06% to 66,822.56, as of 0025

GMT. The broader Topix gained 2.2% to 3,914.74.

President Donald Trump on Thursday said the United States and

Iran could sign a peace deal as soon as this weekend that would

reopen the Strait of Hormuz to shipping, but Iran countered that

it had not reached a final decision on an agreement.

In Japan, technology shares led the Nikkei's gain, with

chip-related Advantest ( ADTTF ) and Tokyo Electron ( TOELF )

jumping 8.8% and 10.49%, respectively.

Memory chipmaker Kioxia ( KXHCF ) rose 5.94%. Technology

investor SoftBank Group was up 3.34%.

Staffing agency Recruit Holdings ( RCRRF ) and camera and

audio equipment maker Sony Group ( SONY ) fell more than 1%

each.

All but four of the Tokyo Stock Exchange's 33 industry

sub-indices rose. The mining sector fell 1.02% to

become the worst performer.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved