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.