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Japan's Nikkei clocks best quarter on record on tech rebound
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Japan's Nikkei clocks best quarter on record on tech rebound
Jun 30, 2026 12:47 AM

(Updates with closing levels, adds analyst comment in 5th

paragraph.)

By Rocky Swift

TOKYO, June 30 (Reuters) - Japan's Nikkei share average

climbed on Tuesday, powered by a rebound in technology stocks

that have helped drive the gauge's record quarterly gains.

The benchmark Nikkei 225 advanced 0.86% to close at

70,062.32. For the April-June quarter, the index soared 37%,

marking its sharpest quarterly advance in data going back to

1965. The broader Topix rose 0.73% to 4,010.88.

The Nikkei's gains came as U.S. stocks rallied overnight,

with the Nasdaq jumping 2.04% on a rebound in major tech-related

shares and easing geopolitical concerns after the U.S. and Iran

agreed to resume talks. Japan's May industrial output, released

earlier on Tuesday, rose 0.5% month-on-month, undershooting

forecasts but signaling resilience in manufacturing.

The Nikkei was in the red for part of the session, and

breadth at the close was mixed, with 104 advancers against 121

decliners.

"While we are seeing a rebound today, centered on certain

semiconductor-related stocks and AI-related stocks that had been

experiencing notable recent declines, the overall market remains

weak," said Maki Sawada, an equities strategist at Nomura

Securities.

The largest percentage gainers in the index were Taiyo Yuden ( TYOYF )

, up 8.28%; Furukawa Electric ( FUWAF ), up 7.04%; and

Screen Holdings ( DINRF ), up 6.20% to a record high.

The largest losers were NEC, down 3.01%; Nitori

Holdings ( NCLTF ), down 2.74%; and Konica Minolta ( KNCAF ),

down 2.31%.

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