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Market & Economic Intelligence Platform Insight on Macro, Commodities, Equities & Policy

3 June 2026 14:04  |

Tech Rally Drives Nikkei to Record High

The Nikkei 225 index surged more than 2% on Wednesday and closed above 68,000 for the first time. This close set a new record, driven by a continued rally in technology stocks.

Optimism about business opportunities related to artificial intelligence (AI) was the main driver. Market participants believe Japanese companies play a key role in expanding global AI infrastructure and therefore have the potential to benefit from the sector's growth.

In the technology sector, Tokyo Electron surged 13.4% and Advantest rose 5.1%. Other stocks that strengthened included Kioxia Holdings (+0.7%), Fujikura (+9.3%), and Furukawa Electric (+4.3%).

Despite the dominant AI sentiment, investors are still monitoring developments in the US-Iran peace negotiations. Changing signals from both sides maintain high geopolitical uncertainty. (asd)

Source: Newsmaker.id

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