The Nikkei 225 Index edged up 0.15% to close at 69,468 on Monday, while the broader Topix Index advanced 0.47% to 3,982, both reversing earlier losses as bargain hunters moved in to buy oversold shares. Investors closely monitored developments in the Middle East after renewed clashes between the US and Iran near the Strait of Hormuz, though both sides agreed to halt further strikes ahead of peace talks scheduled this week in Doha, Qatar.
Domestically, data showed that Japan’s retail sales rose 5.3% in May, the fastest pace since November 2023, largely underpinned by a government stimulus package that bolstered consumer spending. Among individual names, notable gainers included Taiyo Yuden (10.9%), Tokyo Electron (2.4%), Sony Group (3.1%), Nintendo (5.3%), and Disco Corp (1.3%).
