Tokyo Stock Market Today: Nikkei Hits Record Close Above 59,000 as Peace Hopes Fuel Tech Rally
Tokyo shares ripped higher Thursday, with the Nikkei 225 notching a fresh record finish at 59,518.34, a jump of 2.38%. The Topix index also advanced, gaining 1.17% to end at 3,814.46. This marks the Nikkei’s first all-time closing high since Feb. 27—just before the Middle East turmoil rattled global risk assets. This development stands out, given Japan took a hit when oil prices surged and investors pulled back on risk right after the war started in late February. On Thursday, with crude prices easing off their recent peaks and capital flowing back into growth stocks—especially after the Nasdaq notched a fresh closing record overnight—Japanese shares moved higher.