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Japan's Nikkei rises after Trump announces Iran-Israel ceasefire
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Japan's Nikkei rises after Trump announces Iran-Israel ceasefire
Jun 23, 2025 6:06 PM

TOKYO, June 24 (Reuters) - Japan's Nikkei share average

rose more than 1% in early trade on Tuesday after U.S. President

Donald Trump said Iran and Israel agreed to a ceasefire,

boosting risk appetite.

As of 0017 GMT, the Nikkei added 1.4% to 38,898.68,

while the broader Topix rose 1.18% to 2,793.66.

Trump said a "complete and total" ceasefire between Israel

and Iran will go into force with a view to ending the 12-day

conflict between the two nations, moments after both sides

threatened new attacks.

Meanwhile, Japan's technology stocks led the gains on the

Nikkei, with chip-making equipment maker Tokyo Electron ( TOELF )

climbing 3.7% to boost the index the most.

Chip-testing equipment maker Advantest ( ADTTF ) rose 0.26%

and technology investor SoftBank Group advanced 3%.

Energy stocks fell as U.S. crude futures tumbled,

with Inpex ( IPXHF ) falling 5% to be the worst percentage loser

on the Nikkei. Oil refiner Idemitsu Kosan ( IDKOF ) slipped

0.49%.

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