The Nikkei 225 Index climbed 0.89% to close at 59,349 on Tuesday, extending the previous session’s advance as technology and AI-related shares led the market higher. Sentiment was further buoyed by softer oil prices, with investors closely watching a second round of US-Iran peace talks in Islamabad ahead of the current ceasefire’s expiry later this week.
US Vice President JD Vance is once again expected to head the American delegation, while Iran is also reportedly preparing to send representatives, reversing earlier indications that it would not participate in additional negotiations. Japan’s economy remains highly sensitive to developments in the Middle East, given its heavy dependence on oil imports from the region.
Among notable technology gainers were Kioxia Holdings (+7.3%), SoftBank Group (+8.5%), Fujikura (+6.5%), Lasertec (+5.7%), and Tokyo Electron (+3.5%).
