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Tokyo Stocks Close \2,675 Higher, Sharp Rebound on Fifth Day Amid Iran Ceasefire Speculation

Wed Apr 1, 2026 4:17 pm JST Market

Tokyo stock markets on the 1st saw a dramatic shift in sentiment as risk-off positions were rapidly unwound. The Nikkei average closed at its highest level of the day, recording its largest gain of the year.

The Nikkei Stock Average closed at \53,739.68, up \2,675.96 from the previous trading day, rebounding sharply for the first time in five days. Trading volume on the Prime Market totaled approximately 2.51254 billion shares, with trading value reaching approximately \7.358 trillion. Advancing issues numbered 1,535, while declining issues totaled 27, with 11 issues unchanged.

Tokyo markets today surged with record gains in the Nikkei average, driven by short covering following the previous day's U.S. stock rally. Market sentiment shifted sharply bullish as expectations grew that the U.S. would soon end its military attacks on Iran, while reports suggested Iran was also prepared to end hostilities if conditions were met. Against the backdrop of falling long-term interest rates triggered by news headlines, U.S. stock markets saw broad-based buying centered on technology stocks, a trend that spilled over into Tokyo. Despite persistently elevated crude oil prices during the trading session, buying momentum remained strong. The Nikkei's gain of over \2,600 ranked as the fourth-largest increase on record. Advancing issues exceeded 1,500, with 97% of Prime Market stocks rising in a literal across-the-board rally. However, trading value remained around \7.3 trillion, approximately \1 trillion below the previous day.

Among individual stocks, Kioxia Holdings <285A> continued to dominate trading value with a sharp surge, while Furukawa Electric Co., Ltd. <5801>, which ranked second in trading value, also posted substantial gains. ADVANTEST CORPORATION <6857> jumped higher, and Tokyo Electron Limited <8035> saw heavy buying. Megabanks including Sumitomo Mitsui Financial Group, Inc. <8316> traded higher, while Mitsubishi Heavy Industries,Ltd. <7011> and IHI Corporation <7013> also moved upward. Recruit Holdings Co.,Ltd. <6098> also gained. Japan Display Inc. <6740> led gainers by percentage, while Meiko Electronics Co., Ltd. <6787>, LIFEDRINK COMPANY, INC. <2585>, and Nxera Pharma Co., Ltd. <4565> also posted strong gains.

On the downside, KDDI CORPORATION <9433> came under selling pressure, and NTT, Inc. <9432> showed lackluster movement. TAIYO HOLDINGS CO.,LTD. <4626> plunged, while NEXON Co., Ltd. <3659> also saw notable declines. Fuji Die Co.,Ltd. <6167> traded weakly, while COSMOS Pharmaceutical Corporation <3349>, KOBE BUSSAN CO.,LTD. <3038>, and Rasa Industries,Ltd. <4022> fell on profit-taking.

Source: MINKABU PRESS

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