Nikkei Rises on Reports of US-Iran Ceasefire Deal
The Nikkei 225 index surged as reports of a preliminary US-Iran ceasefire agreement boosted electronics and tech stocks, marking the longest winning streak in about a year.
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- 📰 Published: May 29, 2026 at 15:33
- 🔍 Collected: May 31, 2026 at 23:58 (56h 25m after Published)
- 🤖 AI Analyzed: June 2, 2026 at 00:32 (24h 34m after Collected)
According to the Central News Agency, Tokyo, May 29. The Tokyo Stock Price Index (TOPIX) rose today, marking its fifth consecutive week of gains, the longest winning streak in about a year. This rally was primarily driven by reports of a preliminary agreement between the US and Iran to extend a ceasefire, which boosted electronics and technology stocks. The benchmark Nikkei 225 index rose 1,636.38 points, or 2.53%, to close at 66,329.50. The TOPIX index rose 55.16 points, or 1.41%, to close at 3,957.17.
FAQ
What is the Nikkei 225?
It is a stock market index for the Tokyo Stock Exchange, representing 225 blue-chip companies.