Japan’s Nikkei Hits New Record Peak
2026-06-01 00:54
By
Jam Kaimo Samonte
1 min. read
The Nikkei 225 Index advanced 0.8% to around 66,900 on Monday, reaching a fresh record high as technology shares extended gains amid continued enthusiasm for the artificial intelligence-driven rally.
Japanese firms remain deeply involved in the global expansion of AI infrastructure, helping position the domestic market among the strongest beneficiaries of the worldwide tech surge.
Leading gains in the sector were Kioxia Holdings, which jumped 8.3%, followed by SoftBank Group (+4.9%), Furukawa Electric (+3.1%), Tokyo Electron (+2.7%), and Sumitomo Electric (+2.2%).
On the economic front, Japan’s capital spending was flat in the first quarter compared with a year earlier, pointing to a slowdown in corporate investment activity.
Investors also kept a close watch on developments in the Middle East, where negotiations between the US and Iran toward a permanent ceasefire agreement continued to face significant challenges.