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Tokyo stocks close up 1,654 points, hitting record high on tech gains and Iran hopes

Fri May 22, 2026 4:11 pm JST Market

The Nikkei Stock Average surged in Tokyo on May 22, extending gains from the previous session. Tech stocks, including SoftBank Group Corp. <9984>, rose following gains in U.S. markets, while growing expectations for an end to hostilities between the U.S. and Iran lifted the benchmark index to a new record high.

The index closed at 63,339.07, up 1,654.93 points from the previous day. Trading volume on the Prime Market totaled about 2.401 billion shares, while trading value reached approximately 9.97 trillion yen. Gainers outnumbered losers 853 to 665, with 50 issues remaining unchanged.

On Wall Street overnight, the Dow Jones Industrial Average rose 276 points to hit a new high for the first time in about three months, while the Nasdaq Composite also extended gains. Driven by the U.S. momentum, the Nikkei posted substantial gains to surpass its previous record high of 63,272 set on May 13 for the first time in seven trading days. SoftBank Group surged, single-handedly lifting the index by more than 570 points. Amid optimism over progressing peace talks between the U.S. and Iran, the broader market opened strong, with AI and semiconductor-related shares rising alongside notable gains in cable and electronic component stocks.

Among individual stocks, Kioxia Holdings <285A>, ADVANTEST CORPORATION <6857>, and Tokyo Electron Limited <8035> advanced, while IBIDEN CO.,LTD. <4062> and DISCO CORPORATION <6146> rallied. Fujikura Ltd. <5803> and Furukawa Electric Co., Ltd. <5801> surged, while Murata Manufacturing Co.,Ltd. <6981> and TAIYO YUDEN CO., LTD. <6976> gained. KEYENCE CORPORATION <6861>, FANUC CORPORATION <6954>, and SMC CORPORATION <6273> also attracted buy orders.

Conversely, Nintendo Co., Ltd. <7974>, SONY GROUP CORPORATION <6758>, and Hitachi, Ltd. <6501> declined, while Sumitomo Mitsui Financial Group, Inc. <8316>, Tokio Marine Holdings, Inc. <8766>, and MITSUI & CO., LTD. <8031> traded lower. HOYA CORPORATION <7741>, Mitsui Fudosan Co., Ltd. <8801>, and KDDI CORPORATION <9433> fell.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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