The Nikkei average closed above 69,000 for the first time amid expectations that a deal to end the U.S.-Iran conflict would reduce turmoil in the Middle East.
The Nikkei stock average ended trading above the 69,000 level. This was the first close at that height.
Broad-based purchases of Tokyo equities followed the announcement of the agreement between the U.S. and Iran. Market participants anticipated that tensions in the Middle East would ease as a result.
Von KI berichtet Bild generiert von KI
Seoul shares soared more than 2 percent on April 15 to close above 6,000 for the first time since the U.S.-Iran conflict erupted in late February. The Korean won strengthened against the U.S. dollar. Hopes for U.S.-Iran peace talks and Wall Street gains drove the rally.
Japan's benchmark Nikkei 225 index rose above 65,000 for the first time on May 25 as expectations grew that a deal might be reached to end the military conflict between the United States and Iran.
Von KI berichtet
Japan's Nikkei 225 Stock Average surged 5.6 percent to close at a record 62,833.84 on optimism about a potential U.S.-Iran agreement.
Global stocks reached record highs after President Trump indicated progress in Iran negotiations. The news eased geopolitical tensions, boosting technology shares in South Korea. Brent crude oil prices fell amid the positive market sentiment.
Von KI berichtet
Seoul stocks rose sharply on Friday as investors bet on a possible end to the conflict between the United States and Iran. The benchmark KOSPI index climbed more than 4 percent to close above 8,000 again.