Japanese Shares Rise on AI-Driven Gains
2026-04-20 06:52
By
Jam Kaimo Samonte
1 min. read
The Nikkei 225 Index rose 0.6% to close at 58,825, while the broader Topix Index gained 0.43% to 3,777 on Monday, recovering some losses from the previous session as renewed enthusiasm for artificial intelligence stocks outweighed concerns over escalating US-Iran tensions.
The US seized an Iranian-flagged cargo vessel in the Gulf of Oman, while Tehran reversed plans to reopen the Strait of Hormuz and said it would not take part in a second round of negotiations.
Ongoing disruptions in the strategic waterway have triggered a severe energy supply shock, heightening inflation risks and threatening global growth, with oil-importing economies such as Japan particularly vulnerable.
Still, AI-driven optimism and corporate earnings supported domestic equities, with notable gains from SoftBank Group (5.5%), Lasertec (5.4%), and Unitika (21.4%).