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Jun 24, 2025
Nikkei surges following Trump's Iran-Israel ceasefire announcement
Japan's Nikkei 225 index rose 1.4% to 38,898.68 on Tuesday after a ceasefire between Iran and Israel ended nearly two weeks of tension.
The news calmed nerves in the markets, with the broader Topix index also up by 1.18%.
TL;DR
Tech stocks gain, energy shares fall
Tech giants like Tokyo Electron and SoftBank Group led the gains, climbing 3.7% and 3%.
But not everyone was celebrating—energy stocks dropped as oil prices slid, with Inpex falling 5%, the biggest dip on the Nikkei.
It's a reminder of how global events can quickly shake up different corners of the market.