Nikkei Index Breaks 60,000 for the First Time; Korea's KOSPI Hits Record High
The Nikkei Index surpassed 60,000 and the KOSPI hit a record high, amid market overheating concerns and rising oil prices due to Middle East tensions.
📋 Article Processing Timeline
- 📰 Published: April 23, 2026 at 11:18
- 🔍 Collected: April 23, 2026 at 11:31 (13 min after Published)
- 🤖 AI Analyzed: April 23, 2026 at 12:52 (1h 20m after Collected)
Central News Agency Message
(CNA Tokyo 23rd Comprehensive Foreign Report) Driven by buying in tech stocks, Japan's Nikkei index broke through the 60,000-point mark for the first time in early trading today, while South Korea's KOSPI index also hit a record high.
According to AFP, the Nikkei index climbed to 60,013.98 shortly after the market opened, before retreating slightly; the South Korean benchmark stock index KOSPI also hit a record high of 6,535 points at the opening.
The overnight rally on Wall Street encouraged investors to enter the market, but the continuous climb of the Nikkei index has also heightened concerns about potential overheating.
Brokerage firm Monex Securities stated that the Tokyo stock market is expected to remain active in early trading. Monex pointed out: "The Japanese stock market is expected to follow the trend of the US market, with an increase in buying at the open."
However, the market is also closely watching the negotiations between the US and Iran. Earlier, Iran vowed that as long as the US naval blockade remains, it will not reopen the Strait of Hormuz despite an extended ceasefire deadline. International oil prices also surged by 4% today.
At around 00:25 GMT, US benchmark West Texas Intermediate (WTI) rose 4.06% to $96.73 a barrel. International benchmark Brent North Sea crude advanced 3.62% to $105.63 a barrel. Both retreated slightly within the following minutes. (Compiled by: Chang Hsiao-wen) 1150423
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(CNA Tokyo 23rd Comprehensive Foreign Report) Driven by buying in tech stocks, Japan's Nikkei index broke through the 60,000-point mark for the first time in early trading today, while South Korea's KOSPI index also hit a record high.
According to AFP, the Nikkei index climbed to 60,013.98 shortly after the market opened, before retreating slightly; the South Korean benchmark stock index KOSPI also hit a record high of 6,535 points at the opening.
The overnight rally on Wall Street encouraged investors to enter the market, but the continuous climb of the Nikkei index has also heightened concerns about potential overheating.
Brokerage firm Monex Securities stated that the Tokyo stock market is expected to remain active in early trading. Monex pointed out: "The Japanese stock market is expected to follow the trend of the US market, with an increase in buying at the open."
However, the market is also closely watching the negotiations between the US and Iran. Earlier, Iran vowed that as long as the US naval blockade remains, it will not reopen the Strait of Hormuz despite an extended ceasefire deadline. International oil prices also surged by 4% today.
At around 00:25 GMT, US benchmark West Texas Intermediate (WTI) rose 4.06% to $96.73 a barrel. International benchmark Brent North Sea crude advanced 3.62% to $105.63 a barrel. Both retreated slightly within the following minutes. (Compiled by: Chang Hsiao-wen) 1150423
Choose to stand with the facts, every sponsorship from you is the power to protect press freedom.
Download the CNA 'First Hand News' APP to grasp the latest news instantly.
The text, images, and audio-visuals on this website may not be reproduced, publicly broadcast, or publicly transmitted and utilized without authorization.