Japanese Shares Advance on Tech-Led Rebound
2026-06-30 07:02
By
Jam Kaimo Samonte
1 min. read
The Nikkei 225 Index climbed 0.86% to close at 70,062, while the broader Topix Index added 0.32% to 3,995 on Tuesday, extending the previous session’s gains as technology and artificial intelligence-related stocks rebounded.
Japanese companies continued to benefit from optimism surrounding the global expansion of AI, supported by their strategic positioning and investments in the sector.
Equities also drew support from the yen’s slide to a four-decade low, which improved earnings prospects for the country's export-driven firms.
Meanwhile, investors monitored the resumption of US-Iran peace talks in Doha, Qatar, with lower oil prices helping to ease inflation concerns in Japan.
Among the top performers were Taiyo Yuden (+8.3%), Tokyo Electron (+3.3%), and Fujikura (+6.0%).
The Nikkei and Topix also posted gains for a third consecutive month, rising 5.3% and 1.0%, respectively, in June.